Evercore (NYSE:EVR) Has Target Of $130 Give by Equity Research Analysts at Bank of America. “Buy” Didn’t change.

June 27, 2018 - By Gwen Gough

Evercore Inc. (NYSE:EVR) Corporate Logo

Big Money Sentiment increased to 1.18 in Q1 2018. It has change of 0.15, from 2017Q4’s 1.03. The ratio is positive due to Evercore Inc. positioning: 25 sold and 103 reduced. 54 funds acquired stakes and 97 increased stakes. Investors holded 36.53 million in 2017Q4 but now own 36.89 million shares or 0.99% more.

First Mercantile Tru owns 3,172 shs or 0.06% of their US capital. New York State Teachers Retirement System holds 0.01% or 37,800 shs in its capital. Horizon Serv Ltd Liability has 1.98% invested in Evercore Inc. (NYSE:EVR). Lord Abbett & Co Limited reported 0.08% in Evercore Inc. (NYSE:EVR). Channing Mgmt Ltd Liability Corporation reported 2.63% in Evercore Inc. (NYSE:EVR). Lazard Asset Management Limited Liability Company holds 53,507 shs or 0.01% of its capital. Hanson Mcclain invested 0% of its capital in Evercore Inc. (NYSE:EVR). Royal Bancorp Of Canada holds 0% or 112,507 shs. Dupont Cap Management Corporation holds 0.13% or 61,188 shs in its capital. Capital One Association holds 0.03% or 5,044 shs. Ajo Ltd Partnership holds 374,285 shs. Signaturefd Ltd Liability Corporation owns 11 shs. Bancorporation Of Montreal Can holds 0.01% or 77,558 shs. Maryland-based Profund Advisors Ltd Co has invested 0.02% in Evercore Inc. (NYSE:EVR). Stratos Wealth Prtn Ltd invested 0% in Evercore Inc. (NYSE:EVR).

Evercore Inc. had 12 selling transactions and 0 insider buys since February 1, 2018. This’s net activity of $59.70 million. $3.82M worth of stock was sold by SCHLOSSTEIN RALPH on Thursday, February 1. On Tuesday, February 6 Pensa Paul also sold $129,548 worth of Evercore Inc. (NYSE:EVR). On Thursday, February 1 Altman Roger C also sold $13.34 million worth of Evercore Inc. (NYSE:EVR). Shares for $1.81 million were sold by Arellano Ostoa Augusto on Tuesday, May 1. Klurfeld Jason sold $73,851 worth of Evercore Inc. (NYSE:EVR) or 717 shs on Friday, May 4. $2.12M worth of Evercore Inc. (NYSE:EVR) was sold by Walsh Robert B on Tuesday, February 13.

Reiterated Evercore (NYSE:EVR) Rating.

In analysts report issued to clients by Bank of America’s investment analysts, Evercore (NYSE:EVR) had it’s stock Rating reconfirmed to “Buy”. On 26 June it has $130 or 18.69 % target that gives a potential upside move.

Evercore Inc. (NYSE:EVR) Ratings Coverage

In total 4 analysts cover Evercore Partners Inc (NYSE:EVR). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. 75% are bullish. 6 are the (NYSE:EVR)’s analyst reports since January 9, 2018 according to StockzIntelligence Inc. On Tuesday, January 9 the stock of Evercore Inc. (NYSE:EVR) has “Buy” rating given by UBS. On Tuesday, June 26 the rating was maintained by Bank of America with “Buy”. On Wednesday, January 31 the rating was maintained by Sandler O’Neill with “Buy”. On Wednesday, January 31 the rating was maintained by Keefe Bruyette & Woods with “Hold”. On Thursday, January 11 the firm earned “Buy” rating by Sandler O’Neill. The company rating was maintained by Keefe Bruyette & Woods on Wednesday, January 10.

The stock increased 0.16% or $0.18 during the last trading session, touching $109.53.Evercore Inc. has volume of 287,936 shares. Since June 27, 2017 EVR has risen 56.56% and is uptrending. EVR outperformed by 43.99% the S&P500.

On July, 26 is expected Evercore Inc. (NYSE:EVR)’s earnings report, as reported by RTT. Analysts forecast $1.49 earnings per share, which is $0.43 up or 40.57 % from 2017’s $1.06 earnings per share. If reported the P/E will be 18.38 with $64.97 million profit. -33.48 % negative EPS growth is what Wall Street’s sees after $2.24 reported EPS last quarter.

Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally.The company has $4.78 billion market cap. It operates through two divisions, Investment Banking and Investment Management.34.94 is the P/E ratio. The Investment Banking segment offers advisory services on mergers, acquisitions, divestitures, leveraged buyouts, restructurings, shareholder activism and defense, and related corporate finance matters; and services related to securities underwriting, private placement services, and commissions for agency equity trading services and equity research.

There’s a significant Evercore Inc. (NYSE:EVR) news announced by Streetinsider.com. It’s a report titled: “Evercore Partners (EVR) PT Raised to $130 at BofA/Merrill Lynch; Strong Hiring Trends a Sign” on June 26, 2018.

Evercore Inc. (NYSE:EVR) Institutional Investors Chart

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