Moelis & Company with ticker code (MC) have now 7 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 59 and 36 with a mean TP of 43.43. Given that the stocks previous close was at 41.62 this indicates there is a potential upside of 4.3%. The 50 day moving average now sits at 41.83 while the 200 day moving average is 53.37. The company has a market capitalisation of $2,913m. Find out more information at: https://www.moelis.com
The potential market cap would be $3,040m based on the market concensus.
Moelis & Company operates as an investment banking advisory firm. It offers advisory services in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The company offers its services to public multinational corporations, middle market private companies, financial sponsors, entrepreneurs, governments, and sovereign wealth funds. The company serves its clients in North and South America, Europe, the Middle East, Asia, and Australia. It has strategic alliances in Mexico with Alfaro, Dávila y Scherer, S.C.; and in Australia with MA Moelis Australia. The company was founded in 2007 and is headquartered in New York, New York.