Evercore Partners Inc (NYSE:EVR) : The consensus on Evercore Partners Inc (NYSE:EVR) based on 4 analyst recommendation on the company stock is 2.5, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Evercore Partners Inc (NYSE:EVR) : 2 investment research analysts covering Evercore Partners Inc (NYSE:EVR) have an average price target of $56 for the near short term. The highest target price given by the Brokerage Firm to the stock is $66 and the lowest target is $46 for the short term. Analysts expect the variance to be within $14.14 of the average price.
For the current week, the company shares have a recommendation consensus of Buy.
Evercore Partners Inc (NYSE:EVR): stock turned positive on Tuesday. Though the stock opened at $41.91, the bulls momentum made the stock top out at $42.54 level for the day. The stock recorded a low of $40.59 and closed the trading day at $41.11, in the green by 1.23%. The total traded volume for the day was 1,466,506. The stock had closed at $40.61 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Pensa Paul, officer (Contr., Principal Acct.Officer) of Evercore Partners Inc., had unloaded 1,672 shares at an average price of $50.85 in a transaction dated on May 3, 2016. The total value of the transaction was worth $85,021.
Evercore Partners Inc. (Evercore) is an independent investment banking advisory firm. The Company operates through two business segments: Investment Banking and Investment Management. The Companys Investment Banking segment includes the Companys Advisory services, through which Evercore provides advice to clients on mergers, acquisitions, divestitures and other strategic corporate transactions, with a particular focus on advising multinational corporations and private equity firms on different transactions. The Companys Investment Management segment focuses on Institutional Asset Management, through which Evercore manages financial assets for institutional investors and provide independent fiduciary services to corporate employee benefit plans; Wealth Management, through which the Company provides wealth management services for high-net-worth individuals, and Private Equity, through which Evercore manages private equity funds.