Moelis & Company found using ticker (MC) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 72 and 53 with the average target price sitting at 63. Now with the previous closing price of 44.41 this would imply there is a potential upside of 41.9%. The 50 day moving average now sits at 54.94 and the 200 day MA is 60.09. The company has a market cap of $3,165m. You can visit the company’s website by visiting: https://www.moelis.com
The potential market cap would be $4,491m based on the market concensus.
Moelis & Company operates as an investment banking advisory firm in the United States, Europe, and internationally. 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. It has strategic alliances with Sumitomo Mitsui Banking Corporation and SMBC Nikko Securities Inc.; and Alfaro, Dávila y Scherer, S.C. The company was founded in 2007 and is headquartered in New York, New York.
