Moelis & Company which can be found using ticker (MC) now have 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Underperform’. The target price High/Low ranges between 40 and 27 and has a mean target at $32.20. Now with the previous closing price of $41.94 this would indicate that there is a downside of -23.2%. The day 50 moving average is $40.83 and the 200 day MA is $41.73. The market cap for the company is $2,598m. Find out more information at: https://www.moelis.com
The potential market cap would be $1,995m based on the market consensus.
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 Financial Group Limited. The company was founded in 2007 and is headquartered in New York, New York.
The company has a dividend yield of 5.91% with the ex dividend date set at 17-2-2023 (DMY).