Evercore Partners Inc (NYSE:EVR) (Trend Analysis) shares were traded with a significant increase in volume. The stock closed last trading session at $55.95, up by 2.01%, with a volume of 646,198 shares against an average amount for the last three months of 332,555.
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Evercore Partners Inc (NYSE:EVR) stock is currently trading 5.25% below its 52-week-high, 38.66% above its 52-week-low. The 1-year stock price history is in the range of $40.35 – $59.05. Evercore Partners Inc (EVR) has a price to earnings ratio of 29.48 versus Financial sector average of 15.9. EVR stock price has outperformed the S&P 500 by 1.6%. The Diversified Financial Services company is currently valued at $2.17 billion, and its share price closed the last trading session at $55.95. The stock has a 50-day moving average of $52.47 and a 200-day moving average of $50.62.
Evercore Partners Inc (EVR) current short interest stands at 1.44 million shares. It has decreased by 3% from the same period of last month. Around 5% of the company’s shares, which are float, are short sold. With a 10-days average volume of 0.53 million shares, the number of days required to cover the short positions stand at 2.8 days.
Evercore Partners Inc (EVR) declared last quarter earnings on October 26. The Diversified Financial Services company announced last quarter earnings per share of $1.22 against a consensus Street estimate of $0.98, beating the average estimate by $0.24. The company posted a revenue of $386.3 million.
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There are currently nine analysts that cover Evercore Partners Inc stock. Of those nine, seven have a Buy rating, two have a Hold rating. On a consensus basis this yields to an Overweight rating. The consensus target price stands at $59.5.
A recent analyst activity consisted of Nomura Securities upgrading their Neutral rating to Buy on October 28. Nomura Securities set their price target at $65. This corresponds to a 16.18% upside from the last closing price. On the date of report, the stock closed at $55.4.
Craig-Hallum downgraded their Buy rating to Hold on March 16. On the date of report, the stock closed at $48.87.
Evercore Partners Inc. is an investment banking boutique. The firm provides advisory services to multinational corporations on mergers, acquisitions, divestitures, restructurings and other corporate transactions. Evercore also manages private equity funds for institutional investors.