Lincoln International Inc. (NYSE:LCLN) Stock Has Average Price Target of $27.21 According to Brokerages

Lincoln International Inc. (NYSE:LCLN) has been given an average recommendation of “Hold” by the ten analysts that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $27.21.

A number of equities analysts have recently commented on LCLN shares. Weiss Ratings raised shares of Lincoln International from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday. Morgan Stanley lowered their target price on shares of Lincoln International from $28.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 8th. Evercore set a $26.00 target price on shares of Lincoln International in a research note on Wednesday, August 12th. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Lincoln International in a research report on Friday, November 6th. Finally, Zacks Research cut shares of Lincoln International from a “hold” rating to a “strong sell” rating in a research note on Friday, October 9th.

Lincoln International Trading Up 1.8%

Shares of NYSE LCLN opened at $27.05 on Thursday. The firm has a market capitalization of $983.79 million and a price-to-earnings ratio of 37.57. Lincoln International has a one year low of $20.05 and a one year high of $28.71. The company has a fifty day moving average price of $24.98. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.74.

Lincoln International (NYSE:LCLN) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.07. The business had revenue of $293.65 million for the quarter. On average, research analysts anticipate that Lincoln International will post 1.28 earnings per share for the current fiscal year.

Lincoln International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Tuesday, December 1st. Lincoln International’s dividend payout ratio is currently 38.89%.

Hedge Funds Weigh In On Lincoln International

Several hedge funds and other institutional investors have recently modified their holdings of the stock. State of Alaska Department of Revenue bought a new position in shares of Lincoln International during the 3rd quarter worth approximately $33,000. Russell Investments Group Ltd. bought a new stake in Lincoln International in the third quarter valued at $43,000. Bridgewealth Advisory Group LLC bought a new stake in Lincoln International in the third quarter valued at $427,000. State Street Corp bought a new stake in Lincoln International in the second quarter valued at $436,000. Finally, Readystate Asset Management LP acquired a new position in Lincoln International during the second quarter worth $716,000.

Lincoln International Company Profile

Lincoln International is an independent global investment banking advisory firm that works with businesses, shareholders and financial sponsors. Its services include mergers and acquisitions advice, capital advisory, valuation and fairness opinions, and restructuring and special situations advisory. Founded in 1996 and headquartered in Chicago, the firm serves clients across the Americas, Europe and Asia through an international network of offices. Its advisory work spans a range of industries and transaction types.