Lincoln International Inc. (NYSE:LCLN) Stock Has Average Target Price of $27.36 According to Brokerages

Shares of Lincoln International Inc. (NYSE:LCLN – Get Free Report) have earned a consensus rating of “Hold” from the ten brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $27.36.

LCLN has been the topic of a number of recent research reports. The Goldman Sachs Group assumed coverage on Lincoln International in a research note on Monday, June 15th. They set a “buy” rating and a $27.50 price objective on the stock. Zacks Research upgraded Lincoln International to a “hold” rating in a research report on Friday, July 10th. Evercore set a $26.00 target price on Lincoln International in a report on Wednesday, August 12th. Morgan Stanley set a $28.00 price target on Lincoln International in a research report on Friday, August 7th. Finally, BMO Capital Markets assumed coverage on Lincoln International in a research note on Monday, June 15th. They issued a “market perform” rating and a $26.00 price target for the company.

View Our Latest Report on Lincoln International

Hedge Funds Weigh In On Lincoln International

Several hedge funds and other institutional investors have recently made changes to their positions in LCLN. Citadel Advisors LLC acquired a new stake in shares of Lincoln International during the 2nd quarter worth approximately $22,029,000. Alyeska Investment Group L.P. acquired a new position in Lincoln International during the second quarter valued at approximately $6,326,000. Squarepoint Ops LLC acquired a new position in Lincoln International during the second quarter valued at approximately $813,000. Readystate Asset Management LP bought a new stake in Lincoln International during the second quarter worth $716,000. Finally, State Street Corp bought a new stake in Lincoln International during the second quarter worth $436,000.

Lincoln International Stock Up 1.2%

NYSE LCLN opened at $23.27 on Wednesday. The firm has a 50-day simple moving average of $24.26. Lincoln International has a 12-month low of $20.05 and a 12-month high of $27.55.

Lincoln International (NYSE:LCLN – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.12. The business had revenue of $225.69 million during the quarter. On average, research analysts forecast that Lincoln International will post 1.4 EPS for the current fiscal year.

Lincoln International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, September 1st.

Lincoln International Company Profile

(Get Free Report)

Lincoln International is a global investment banking and financial advisory firm that serves middle-market companies, private equity sponsors and other corporate clients. The firm provides advice on mergers and acquisitions, including buy-side and sell-side transactions, divestitures, joint ventures and other strategic matters.

Its services also include capital advisory, private debt and equity placement, restructuring and recapitalization advice, valuation and fairness opinions, and financial due diligence.

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Analyst Recommendations for Lincoln International (NYSE:LCLN)

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