Moelis & Company with ticker code (MC) now have 8 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 79 and 59 and has a mean target at 71.75. With the stocks previous close at 51.59 this indicates there is a potential upside of 39.1%. The 50 day moving average now sits at 58.73 and the 200 day MA is 60.46. The market capitalisation for the company is $3,553m. Visit the company website at: https://www.moelis.com
The potential market cap would be $4,941m based on the market concensus.
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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, DÃ¡vila y Scherer, S.C. The company was founded in 2007 and is headquartered in New York, New York.