On Jun 27, 2018 18.69 % to Target, Evercore (NYSE:EVR) Stock Buy Rating Reaffirmed by Bank of America.

June 27, 2018 - By Maria Fierro

Evercore Inc. (NYSE:EVR) Corporate Logo

During 2018 Q1 the big money sentiment increased to 1.18. That’s change of 0.15, from 2017Q4’s 1.03. 25 investors sold all, 103 reduced holdings as Evercore Inc. ratio improved. 97 increased holdings while 54 funds acquired holdings. Funds hold 36.89 million shares thus 0.99% more from 2017Q4’s 36.53 million shares.

Teacher Retirement Of Texas reported 0.01% of its capital in Evercore Inc. (NYSE:EVR). Renaissance Technologies Limited Liability Company accumulated 1.00M shs. State Street Corporation accumulated 1.37M shs or 0.01% of the stock. Eqis Mngmt holds 0.02% of its capital in Evercore Inc. (NYSE:EVR) for 5,016 shs. 11 were reported by Signaturefd Lc. Mason Street Advsr Ltd Liability Corporation owns 20,640 shs. Lord Abbett & Ltd holds 302,319 shs or 0.08% of its capital. First Trust Advisors L P holds 0.01% or 62,692 shs in its capital. Cim Inv Mangement invested in 4,718 shs. Parallax Volatility Advisers L P invested in 0% or 649 shs. Halsey Associate Inc Ct holds 25,152 shs. Captrust Fincl Advsr accumulated 0% or 884 shs. Mckinley Capital Management Ltd Com Delaware holds 0.74% in Evercore Inc. (NYSE:EVR) or 144,604 shs. Moreover, Alphaone Ser Ltd Limited Liability Company has 0.01% invested in Evercore Inc. (NYSE:EVR). North Carolina-based Bankshares Of America De has invested 0.01% in Evercore Inc. (NYSE:EVR).

Evercore Inc. registered $59.70 million net activity with 0 buys and 12 sales since February 1, 2018. On Wednesday, February 21 $129,612 worth of Evercore Inc. (NYSE:EVR) was sold by SIBBALD ANDREW. $1.81 million worth of Evercore Inc. (NYSE:EVR) was sold by Arellano Ostoa Augusto on Tuesday, May 1. Klurfeld Jason also sold $73,851 worth of Evercore Inc. (NYSE:EVR) on Friday, May 4. Walsh Robert B also sold $2.12M worth of Evercore Inc. (NYSE:EVR) shs. SCHLOSSTEIN RALPH sold $1.42 million worth of stock or 13,987 shs. On Tuesday, February 6 a trade for 1,396 shs valued at $129,548 was made by Pensa Paul.

Reiterated Evercore (NYSE:EVR) Rating.

Bank of America have a $130 price target on Evercore (NYSE:EVR) shares. On Tuesday, 26 June the $4.78B MC company have Buy stock rating. This price target gives a potential 18.69 % upside on the stock.

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”. Тherefore 75% are bullish. (NYSE:EVR) has 6 ratings reports on Jun 27, 2018 according to StockzIntelligence. In Tuesday, January 9 report UBS upgraded the stock to “Buy” rating. In Thursday, January 11 report Sandler O’Neill maintained the stock with “Buy” rating. On Wednesday, January 31 Keefe Bruyette & Woods maintained Evercore Inc. (NYSE:EVR) rating. Keefe Bruyette & Woods has “Hold” rating and $105.0 target. On Wednesday, January 10 Keefe Bruyette & Woods maintained the shares of EVR in report with “Hold” rating. On Wednesday, January 31 the firm earned “Buy” rating by Sandler O’Neill. On Tuesday, June 26 the rating was maintained by Bank of America with “Buy”.

EVR reached $109.53 during the last trading session after $0.18 change.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.

Investors expect Evercore Inc. (NYSE:EVR)’s quarterly earnings on July, 26., as reported by Faxor. Analysts have expectation on stock’s earnings per share of $1.49. That’s up 40.57 % from last year’s $1.06 earnings per share. The profit will be $64.97 million for EVR if $1.49 earnings per share becomes true. Wall Street now forecasts -33.48 % negative EPS growth despite Evercore Inc. last quarter’s EPS of $2.24.

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 brought out 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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