KBW Reiterates a Hold Rating on Moelis

By Ryan Adsit

In a report issued on October 1, Ann Dai from KBW reiterated a Hold rating on Moelis (NYSE: MC), with a price target of $42. The company’s shares closed yesterday at $43.10, close to its 52-week high of $44.85.

According to TipRanks.com, Dai is a 4-star analyst with an average return of 16.5% and a 86.2% success rate. Dai covers the Financial sector, focusing on stocks such as Prudential Financial Inc, Raymond James Financial, and Evercore Partners Inc.

Moelis has an analyst consensus of Hold, with a price target consensus of $42.

Moelis’ market cap is currently $1.19B and has a P/E ratio of 21.55. The company has a book value ratio of 4.2722.

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Moelis & Co. operates a global investment bank that provides financial advisory, capital raising and asset management services to client base including corporations, institutions and governments. It focuses on clients from large public multinational corporations to middle market private companies to individual entrepreneurs.