Assessing Moelis: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
Four financial analysts have recently updated their ratings on Moelis & Co (NYSE:MC), with three maintaining a neutral stance and one expressing a bearish view. The average 12-month price target for MC has been raised to $54.5, reflecting a 16.78% increase from the previous target of $46.67. Analysts from Goldman Sachs, JP Morgan, and Keefe, Bruyette & Woods have adjusted their price targets, indicating a mixed outlook on the company's financial performance. Despite a revenue growth of 3.71% as of December 31, 2023, Moelis faces challenges in market capitalization, net margin, ROE, and ROA, positioning it below industry averages.
March 13, 2024 | 12:01 pm
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NEUTRAL IMPACT
Moelis & Co has received mixed analyst ratings with an updated average 12-month price target of $54.5, indicating a potential upside. However, the company faces challenges in profitability and market positioning.
The mixed analyst ratings and the increase in the average price target suggest a cautiously optimistic outlook for Moelis & Co. However, the company's below-average performance in key financial metrics such as net margin, ROE, and ROA, coupled with its lower market capitalization, may temper short-term stock price growth. The neutral score reflects this balance between potential upside from analyst price targets and underlying financial challenges.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100