Evercore Partners Inc (EVR) Receives a Hold from UBS

By Austin Angelo

In a report released today, Brennan Hawken from UBS maintained a Hold rating on Evercore Partners Inc (EVRResearch Report), with a price target of $81.00. The company’s shares closed last Monday at $75.14.

According to TipRanks.com, Hawken is a 5-star analyst with an average return of 12.5% and a 65.1% success rate. Hawken covers the Financial sector, focusing on stocks such as Franklin Resources, E*Trade Financial, and State Street Corp.

The word on The Street in general, suggests a Hold analyst consensus rating for Evercore Partners Inc with a $79.00 average price target.

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Based on Evercore Partners Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $43.28 million. In comparison, last year the company had a net profit of $49.46 million.

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Evercore, Inc. is an independent investment banking advisory company. It operates through the Investment Banking and Investment Management business segments.