Evercore Inc Class A
EVR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Nn | LOCK|wxm@ | LOCK|H%%MK$Q |
Attractive Transaction Activity Outlook Augurs Well for M&A Stalwart Evercore
Business Strategy and Outlook
Evercore has forged a strong reputation during its 30 years of existence. The firm is unique relative to its competitors that regularly join it atop 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 chopped up between additional business lines in underwriting, trading, and wealth management.
