Moelis & Company with ticker code (MC) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 79 and 59 and has a mean target at 71.75. Given that the stocks previous close was at 48.47 this indicates there is a potential upside of 48.0%. The 50 day moving average now sits at 50.25 while the 200 day moving average is 59.55. The market capitalisation for the company is $3,257m. Company Website: https://www.moelis.com
The potential market cap would be $4,821m 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, and governments. 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.
