News headlines about Moelis & Co (NYSE:MC) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Moelis & Co earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news stories about the asset manager an impact score of 45.4907618784261 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Moelis & Co (NYSE:MC) traded down $1.40 on Monday, reaching $49.45. The company had a trading volume of 517,238 shares, compared to its average volume of 214,199. The company has a market capitalization of $2,640.00, a P/E ratio of 23.66, a PEG ratio of 1.34 and a beta of 1.85. Moelis & Co has a 12 month low of $34.05 and a 12 month high of $52.55.
A number of research firms recently weighed in on MC. JMP Securities raised their target price on shares of Moelis & Co from $44.00 to $47.00 and gave the company a “market outperform” rating in a report on Thursday, October 26th. Morgan Stanley raised their target price on shares of Moelis & Co from $45.00 to $49.00 and gave the company an “overweight” rating in a report on Thursday, October 26th. Zacks Investment Research lowered shares of Moelis & Co from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. UBS Group raised their price target on Moelis & Co from $42.00 to $45.00 and gave the stock a “neutral” rating in a research report on Thursday, October 26th. Finally, ValuEngine upgraded Moelis & Co from a “hold” rating to a “buy” rating in a research report on Friday. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Moelis & Co has a consensus rating of “Buy” and an average price target of $46.67.
Moelis & Co Company Profile
Moelis & Company is an investment banking advisory company. The Company provides strategic and financial advice to a client base, including corporations, governments and financial sponsors. The Company offers financial advisory services across various industry sectors. It advices its clients on decisions, including mergers and acquisitions (M&A), recapitalizations and restructurings, and other corporate finance matters.
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