Buy was Reiterated on Evercore (NYSE:EVR) by Bank of America; with $130 Target.

June 27, 2018 - By Catherine Smith

Evercore Inc. (NYSE:EVR) Corporate Logo

Big Money Sentiment increased to 1.18 in 2018 Q1. It has change of 0.15, from 2017Q4’s 1.03. The ratio increased 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.

Gsa Capital Prtn Llp holds 0.1% or 22,501 shs in its capital. Asset Mgmt One owns 51,536 shs. Ftb Advsrs Incorporated accumulated 210 shs or 0% of the stock. Eagle Asset Mgmt accumulated 0.05% or 108,561 shs. Moreover, Balyasny Asset Mngmt Lc has 0.01% invested in Evercore Inc. (NYSE:EVR). Advisory Ser Networks Ltd Co accumulated 39 shs. First Mercantile Co reported 3,172 shs. Vident Inv Advisory Lc has 0.15% invested in Evercore Inc. (NYSE:EVR). Suntrust Banks accumulated 52,458 shs. Optimum Inv owns 0.01% invested in Evercore Inc. (NYSE:EVR) for 400 shs. Stifel Fincl has 99,022 shs for 0.03% of their capital. Moreover, Great West Life Assurance Communication Can has 0.01% invested in Evercore Inc. (NYSE:EVR) for 24,534 shs. Nordea Inv Management Ab invested 0.01% of its capital in Evercore Inc. (NYSE:EVR). 7,070 were accumulated by Profund Advsr Ltd Liability Company. Prelude Cap Ltd Liability Corp owns 133 shs or 0% of their US capital.

Evercore Inc. had 12 insider sales and 0 insider purchases since February 1, 2018. This’s net activity of $59.70 million. Another trade for 23,263 shs valued at $2.53M was made by SCHLOSSTEIN RALPH on Thursday, May 17. 17,665 shs were sold by Arellano Ostoa Augusto, worth $1.81 million on Tuesday, May 1. The insider Pensa Paul sold $129,548. $2.12 million worth of Evercore Inc. (NYSE:EVR) was sold by Walsh Robert B. 717 shs were sold by Klurfeld Jason, worth $73,851. $129,612 worth of Evercore Inc. (NYSE:EVR) was sold by SIBBALD ANDREW on Wednesday, February 21.

Reiterated Evercore (NYSE:EVR) Rating.

On Tuesday, 26 June Bank of America have a $130 PT on Evercore (NYSE:EVR). A upside potential of 18.69 % have this PT. The $4.78 billion market cap company have Buy stock rating disclosed to clients in an analyst note.

Evercore Inc. (NYSE:EVR) Ratings Coverage

A total of 4 analysts rate Evercore Partners Inc (NYSE:EVR) as follows: 3 “Buy”, 1 “Hold” and 0 “Sell”. Š¢herefore 75% are bullish. (NYSE:EVR) has 6 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Tuesday, January 9 the firm earned “Buy” rating by UBS. On Wednesday, January 31 the rating was maintained by Keefe Bruyette & Woods with “Hold”. On Wednesday, January 31 the rating was maintained by Sandler O’Neill with “Buy”. The company rating was maintained by Keefe Bruyette & Woods on Wednesday, January 10. The stock rating was maintained by Bank of America with “Buy” on Tuesday, June 26. On Thursday, January 11 Sandler O’Neill maintained Evercore Inc. (NYSE:EVR) with “Buy” rating.

Ticker’s shares touched $109.53 during the last trading session after 0.16% change.Currently Evercore Inc. is uptrending after 56.56% change in last June 27, 2017. EVR has 287,936 shares volume. The stock outperformed the S&P500 by 43.99%.

Evercore Inc. (NYSE:EVR)’s earnings report is anticipated on July, 26., Faxor reports. Analysts predict $1.49 EPS, which is $0.43 up or 40.57 % from 2017’s $1.06 EPS. If EVR’s EPS is $1.49 the profit will be $64.97M for 18.38 P/E. After $2.24 EPS was published previous quarter, analysts now see negative EPS growth of -33.48 % for Evercore Inc..

Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally.The firm is worth $4.78 billion. It operates through two divisions, Investment Banking and Investment Management.The P/E ratio is 34.94. 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 substantial Evercore Inc. (NYSE:EVR) news posted by Streetinsider.com. It’s an article 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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