Evercore Inc (EVR) Stock AnalysisEVREvercore Inc

Evercore Inc. is an investment banking and investment management company. The Company's segments include Investment Banking & Equities and Investment Management. Investment Banking & Equities includes the investment banking business through which it provides advice to clients on significant mergers, acquisitions, divestitures, shareholder activism, and other strategic corporate transactions, with a particular focus on advising multinational corporations and private equity firms on large, complex transactions. It also provides liability management and restructuring advice to companies in financial transition, as well as to creditors, shareholders, and potential acquirers. Investment Management includes the wealth management business, through which it provides investment advisory, wealth management and fiduciary services for high-net-worth individuals and associated entities, and the private equity business, which holds interests in private equity funds not managed by the Company. It operates in the Financials sector (INVESTMENT ADVICE industry).

Evercore Inc is currently trading at $271.86, which is below several analyst price targets, including $315 from Morgan Stanley and $330 from Keefe Bruyette. However, the stock has a high RSI of 71.179, indicating it may be overbought in the short term. The recent insider activity shows neutrality with no significant trends, and hedge funds have increased buying by 18704.91% over the last quarter, which is a positive sign. The main risk is the declining trend in earnings per share, which reported a surprise of -3.64% in the last earnings report.

8 analysts cover EVR: 3 rate it Buy, 5 Hold and 0 Sell. The average price target is 389.87.