Moelis (MC) Gets a Hold Rating from UBS

UBS analyst Brennan Hawken maintained a Hold rating on Moelis (MCResearch Report) today and set a price target of $43.00. The company’s shares closed last Thursday at $44.23.

According to TipRanks.com, Hawken is a 5-star analyst with an average return of 11.9% and a 60.4% success rate. Hawken covers the Financial sector, focusing on stocks such as Bank of New York Mellon Corporation, Victory Capital Holdings, and WisdomTree Investments.

Moelis has an analyst consensus of Moderate Sell, with a price target consensus of $41.50, a -6.9% downside from current levels. In a report released yesterday, JMP Securities also reiterated a Hold rating on the stock.

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Moelis’ market cap is currently $3.15B and has a P/E ratio of 8.31.

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is neutral on the stock.

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Moelis & Co. operates as a holding company. It engages in the provision of financial advisory, capital raising, and asset management services to a client base including corporations, governments, and financial sponsors. It focuses on clients from large public multinational corporations to middle market private companies to individual entrepreneurs. The company was founded by Kenneth David Moelis, Navid Mahmoodzadegan, Jeffrey Raich, and Elizabeth Ann Crain in July 2007 and is headquartered in New York, NY.

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