Stock Rating Upgrade
In the last week the Value Trend Rating for Moelis & Co (NYSE: MC) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Moelis & Co (NYSE: MC) stock increased 1.9% on 3/8/24. The shares closed at $53.20. Trading volume in this advance was normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -1.6% during the last week.
Current PriceTarget Research Rating
MC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Moelis has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Moelis has a very low Appreciation Score of 13 but a good Power Rating of 85, triggering the Low Neutral Value Trend Rating.
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