Evercore Inc. Class A (NYSE:EVR) traded today at a new 52-week high of $147.35. So far today approximately 156,000 shares have been exchanged, as compared to an average 30-day volume of 529,000 shares.
Over the past year, Evercore Inc. Class A has traded in a range of $44.41 to $147.35 and is now at $143.66, 223% above that low.
Evercore is an independent investment bank that derives the majority of its revenue from financial advisory, including merger, acquisition, and restructuring advisory. It also has institutional equities and investment management businesses that account for around 20% of net revenue. The company was founded in 1996 and went public in 2006. Evercore had approximately 1,800 employees at the end of 2020, and about 75% of the company's revenue is derived from the United States.
Based on a current price of $143.66, Evercore Inc. Class A is currently 1.5% above its average consensus analyst price target of $141.56.
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