Moelis (EPA:MC) has been downgraded from Buy to Hold in a statement by Sandler O'Neill earlier today.
- Updated: October 13, 2016
Sandler O'Neill has downgraded Moelis (EPA:MC) from Buy to Hold in a statement released on 10/13/2016.
Boasting a price of 24.85EUR, Moelis (EPA:MC) traded -3.82% lower on the day. With the last close down -8.89% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Moelis has recorded a 50-day average of 26.27EUR and a two hundred day average of 26.23EUR. Volume of trade was down over the average, with 24,522 shares of MC changing hands under the typical 86,978
With a total market value of 0 EUR, Moelis has price-earnings ratio of 14.23 with a one year low of 21.91EUR and a one year high of 31.84EUR .
A total of 8 analysts have released a research note on MC. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of 31.00EUR.
More About Moelis (EPA:MC)
LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. The business activities of the Company are divided into various business groups, including Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry; Selective Retailing, and other activities. It produces still and sparkling wines from various wine-growing regions. Its Fashion and Leather Goods business group includes brands, such as Louis Vuitton, Fendi, Donna Karan, Loewe, Marc Jacobs, Celine, Kenzo, Givenchy, Thomas Pink, Berluti and Edun. It focuses on the perfumes, make-up and skincare business, and offers a range of brands, including Christian Dior, Guerlain, Givenchy and Kenzo. The Watches and Jewelry sector operates in various segments, including watchmaking, and jewelry and high jewelry. The Company's Selective Retailing companies operate in Europe, North America, Asia and the Middle East. The Company's other activities include Les Echos group, Royal Van Lent and Cheval Blanc.
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