Moelis & Company (NYSE:MC) has analysts on the Bullish side this week.

August 25, 2018 - By Michele Cranor

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Moelis & Company (NYSE:MC) Ratings Coverage

Among 6 analysts covering Moelis (NYSE:MC), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Moelis had 9 analyst reports since April 5, 2018 according to SRatingsIntel. The firm earned “Market Outperform” rating on Tuesday, April 24 by JMP Securities. Morgan Stanley maintained Moelis & Company (NYSE:MC) rating on Tuesday, April 24. Morgan Stanley has “Overweight” rating and $63 target. The rating was maintained by Keefe Bruyette & Woods on Monday, April 23 with “Hold”. On Tuesday, July 24 the stock rating was maintained by Bank of America with “Buy”. On Thursday, April 5 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Bank of America maintained Moelis & Company (NYSE:MC) rating on Monday, July 16. Bank of America has “Buy” rating and $65 target. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Thursday, June 21. Sandler O’Neill maintained the shares of MC in report on Tuesday, April 24 with “Hold” rating. The rating was maintained by Buckingham Research with “Buy” on Monday, June 4. Below is a list of Moelis & Company (NYSE:MC) latest ratings and price target changes.

24/07/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $65 New Target: $68 Maintain
16/07/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $59 New Target: $65 Maintain
21/06/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Old Target: $63 Downgrade
04/06/2018 Broker: Buckingham Research Old Rating: Buy New Rating: Buy Old Target: $60 New Target: $69 Maintain
24/04/2018 Broker: Sandler O’Neill Rating: Hold New Target: $58.0000 Maintain
24/04/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $60 New Target: $63 Maintain
24/04/2018 Broker: JMP Securities Old Rating: Market Outperform New Rating: Market Outperform Old Target: $55 New Target: $57 Maintain
23/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $57.0000 Maintain
05/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $55.0000 Maintain

The stock increased 1.04% or $0.6 during the last trading session, reaching $58.55. About 454,478 shares traded or 13.79% up from the average. Moelis & Company (NYSE:MC) has risen 72.05% since August 25, 2017 and is uptrending. It has outperformed by 59.48% the S&P500.

Moelis & Company provides strategic and financial advisory services in the United States and internationally. The company has market cap of $3.71 billion. The firm advises clients in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. It has a 37.87 P/E ratio. Moelis & Company offers its services to public multinational firms, governments, financial sponsors, middle market private companies, and individual entrepreneurs.

Another recent and important Moelis & Company (NYSE:MC) news was published by Seekingalpha.com which published an article titled: “Moelis launches 5M-share public stock offering” on August 01, 2018.

Moelis & Company (NYSE:MC) Ratings Chart

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