PowerShares S&P SmallCap Energy ETF (PSCE) Is At $15.89 Formed Wedge; 7 Analysts Are Bullish Moelis & Company (MC) Last Week

Among 13 analysts covering Moelis & Co (NYSE:MC), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Moelis & Co had 26 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Tuesday, July 25. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Sunday, August 27. The firm has “Mkt Perform” rating given on Friday, May 5 by Keefe Bruyette & Woods. The stock has “Hold” rating by Keefe Bruyette & Woods on Monday, June 5. Bank of America maintained Moelis & Company (NYSE:MC) rating on Tuesday, July 25. Bank of America has “Buy” rating and $45 target. As per Monday, November 30, the company rating was initiated by Sandler O’Neill. Morgan Stanley maintained Moelis & Company (NYSE:MC) rating on Thursday, October 26. Morgan Stanley has “Overweight” rating and $49 target. The stock of Moelis & Company (NYSE:MC) has “Outperform” rating given on Tuesday, August 11 by Bruyette & Woods”. The stock of Moelis & Company (NYSE:MC) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The stock of Moelis & Company (NYSE:MC) has “Outperform” rating given on Tuesday, August 11 by KBW. See Moelis & Company (NYSE:MC) latest ratings:

21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $49.0 Maintain
26/10/2017 Broker: JMP Securities Rating: Market Outperform Old Target: $44 New Target: $47 Maintain
26/10/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $45 New Target: $49 Maintain
27/08/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $42.0 Maintain
24/07/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $42.0000 Maintain
25/07/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $39 New Target: $45 Maintain
25/07/2017 Broker: JMP Securities Rating: Market Outperform Old Target: $42 New Target: $44 Maintain
25/07/2017 Broker: Bank of America Rating: Buy Old Target: $43 New Target: $45 Maintain

PowerShares S&P SmallCap Energy ETF (PSCE) formed wedge up with $16.84 target or 6.00% above today’s $15.89 share price. PowerShares S&P SmallCap Energy ETF (PSCE) has $53.38M valuation. The ETF increased 3.18% or $0.49 during the last trading session, reaching $15.89. About 65,769 shares traded or 65.33% up from the average. PowerShares S&P SmallCap Energy ETF (NASDAQ:PSCE) has risen 1.17% since January 3, 2017 and is uptrending. It has underperformed by 15.53% the S&P500.

Moelis & Company provides strategic and financial advisory services in the United States and internationally. The company has market cap of $2.74 billion. The firm advises clients in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. It has a 23.56 P/E ratio. Moelis & Company offers its services to public multinational firms, governments, financial sponsors, middle market private companies, and individual entrepreneurs.

The stock increased 1.13% or $0.55 during the last trading session, reaching $49.05. About 203,833 shares traded. Moelis & Company (NYSE:MC) has risen 40.93% since January 3, 2017 and is uptrending. It has outperformed by 24.23% the S&P500.