Evercore Inc (NYSE:EVR)
December 6th, 2018
Evercore Inc finished up $0.26 Thursday, a 0.33% increase, closing at $78.58. Despite ending the day higher, Evercore Inc hit a new 52 week low of $75.94, breaking the previous low of $78.03 from earlier this month.
EVR outperformed the rest of the Financials sector which went down 1.44% today.
Expectations from 6 analysts suggest that Evercore Inc could rise significantly (34%), while Finbox has calculated (with high uncertainty) a fair value price of $74.96.
The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector dropping 12%.
Communication Services saw the biggest turnaround from its 5-day performance of -1.28%, as it went up 1.04%. Utilities saw a turn around from its 5-day performance of 2.33% trading down 0.10%.
- Real Estate went up with a 2.66% change.
- Communication Services went up with a 1.04% change.
- Consumer Discretionary went up with a 0.61% change.
- Information Technology went up with a 0.23% change.
- Utilities went down with a -0.10% change.
- Consumer Staples went down with a -0.10% change.
- Healthcare went down with a -0.31% change.
- Industrials went down with a -0.55% change.
- Materials went down with a -1.36% change.
- Financials went down with a -1.44% change.
- Energy went down with a -1.77% change.
Evercore Partners is based in New York City. Evercore Partners was founded in 1995.
Evercore Inc Info
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 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-based equity trading services and equity research. It also provides restructuring advice to companies in financial transition, as well as to creditors, shareholders, and potential acquirers, as well as macroeconomic, policy, and fundamental equity research and agency-based equity securities trading for institutional investors. In addition, the company engages in the provision of capital markets advisory services and advisory services focused on secondary transactions for private funds interests; underwriting securities offerings; raising funds for financial sponsors; and private placement activities. The Investment Management segment offers investment advisory and wealth management services for high net-worth individuals and related entities; and institutional asset management services, including financial assets management services for institutional investors, as well as independent fiduciary services for high net-worth individuals. It also holds interests in private equity funds; and provides trust services. 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.
All amounts in USD unless otherwise indicated
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