▲ +1.11% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Evercore in the last 3 months. The average price target is $138.78, with a high forecast of $162.00 and a low forecast of $105.00. The average price target represents a 1.11% upside from the last price of $137.25.
The current consensus among 9 polled investment analysts is to buy stock in Evercore. This Buy consensus rating has held steady for over two years.
Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking and Investment Management. The Investment Banking segment offers strategic advisory services, such as mergers and acquisitions, strategic shareholder advisory, special committee assignments, and transaction structuring; Capital Markets Advisory, including equity capital markets, restructuring, debt advisory, private placement advisory, market risk management and hedging, private capital advisory, and private funds; and research, sales, and trading professionals services on a content-led platform to its institutional investor clients. The Investment Management segment provides wealth management services to high-net-worth individuals, foundations, and endowments; and manages financial assets for institutional investors. The company was formerly known as Evercore Partners Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.