Moelis & Company found using ticker (MC) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 59 and 30 with the average target price sitting at 40.14. Given that the stocks previous close was at 38.09 this indicates there is a potential upside of 5.4%. The 50 day moving average now sits at 40.23 while the 200 day moving average is 45.12. The company has a market capitalisation of $2,592m. Visit the company website at: https://www.moelis.com
The potential market cap would be $2,731m 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.
