Breaking Finance News

Sandler O'Neill downgraded Moelis & Co (NYSE:MC) to Hold in a report released today.

Just yesterday Moelis & Co (NYSE:MC) traded -3.82% lower at $24.85. Moelis & Co’s 50-day moving average is $26.27 and its 200-day moving average is $26.23. The last stock price is down -8.89% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 24,522 shares of MC traded hands, down from an average trading volume of 86,978

Sandler O'Neill has downgraded Moelis & Co (NYSE:MC) to Hold in a report released on Thursday October 13, 2016.

Recent Performance Chart

Moelis & Co (NYSE:MC)

Moelis & Co has PE ratio of 14.23 with a one year low of $21.91 and a one year high of $31.84 and has a market capitalization of $0.

A total of 8 brokerages have released a report on Moelis & Co. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $31.00.

General Company Details For Moelis & Co (NYSE:MC)

Moelis & Company is an investment banking advisory firm. 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. The Company advices its clients on decisions, including mergers and acquisitions (M&A), recapitalizations and restructurings, and other corporate finance matters. With over 20 offices located in North and South America, Europe, the Middle East, Asia and Australia, the Company provides information flow and cross-border solutions. The Company offers advisory services in all industries, including consumer, retail and restaurants; energy, power and infrastructure; financial institutions; financial sponsors; general industrials; healthcare; real estate, gaming, lodging and leisure, and technology, media and telecommunications. It advises clients on all aspects of public and private debt and equity transactions.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.