Evercore Inc Class A
EVR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|>$ | LOCK|t?fY | LOCK|kn^?$>B |
Near-Term Outlook for Evercore Is Strong Amid Surge in Large Strategic Corporate Transactions
Business Strategy and Outlook
Evercore has forged a strong reputation during its 30 years of existence. The firm is unusual relative to its bulge bracket competitors that regularly top the investment banking league table rankings in that it operates as essentially an advisory pure-play, with advisory revenue comprising more than 80% of the firm’s net sales. The remainder is split among underwriting, trading, and wealth management.
