Morgan Stanley (NYSE:MS) analyst Manan Gosalia maintained a Buy rating on Evercore Partners (NYSE:EVR) Inc on Monday, setting a price target of $102, which is approximately 38.16% above the present share price of $73.83.
Gosalia expects Evercore Partners Inc to post earnings per share (EPS) of $1.39 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Evercore Partners, with an average price target of $85.2.
The analysts price targets range from a high of $102 to a low of $72.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $503.87 million and a net profit of $0. The company's market cap is $3 billion.
According to TipRanks.com, Morgan Stanley analyst Manan Gosalia is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -3.8% and a 33.33% success rate.
Evercore, Inc. operates as an independent investment banking advisory company. It operates through the Investment Banking and Investment Management business segments. The Investment Banking segment includes the global advisory business of the company through, which the firm deliver strategic corporate advisory, capital markets advisory and institutional equities services. The Investment Management segment is comprised of wealth management and trust services through Evercore Wealth Management L.L.C. and investment management in Mexico through Evercore Casa de Bolsa, S.A. de C.V., as well as private equity through investments in entities that manage private equity funds. The company was founded by Roger C. Altman in 1995 and is headquartered in New York, NY.