Lincoln International (NYSE:LCLN – Get Free Report) had its target price decreased by equities research analysts at Morgan Stanley from $28.00 to $27.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s price target suggests a potential upside of 13.24% from the company’s current price.
Several other research firms have also issued reports on LCLN. Weiss Ratings began coverage on Lincoln International in a research note on Monday, August 17th. They set a “sell (e)” rating for the company. The Goldman Sachs Group initiated coverage on shares of Lincoln International in a research note on Monday, June 15th. They issued a “buy” rating and a $27.50 target price on the stock. Zacks Research upgraded shares of Lincoln International to a “hold” rating in a research report on Friday, July 10th. Citigroup initiated coverage on shares of Lincoln International in a report on Monday, June 15th. They set an “outperform” rating for the company. Finally, Evercore set a $26.00 price target on shares of Lincoln International in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Lincoln International has a consensus rating of “Hold” and a consensus target price of $27.21.
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Lincoln International Stock Performance
Lincoln International (NYSE:LCLN – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.12. The company had revenue of $225.69 million during the quarter. Equities research analysts expect that Lincoln International will post 1.4 EPS for the current fiscal year.
Hedge Funds Weigh In On Lincoln International
A number of large investors have recently modified their holdings of the stock. State Street Corp acquired a new stake in shares of Lincoln International in the second quarter valued at approximately $436,000. Readystate Asset Management LP acquired a new position in Lincoln International during the 2nd quarter worth $716,000. Squarepoint Ops LLC bought a new position in Lincoln International in the 2nd quarter valued at $813,000. Alyeska Investment Group L.P. bought a new position in Lincoln International in the 2nd quarter valued at $6,326,000. Finally, Citadel Advisors LLC bought a new position in Lincoln International in the second quarter valued at about $22,029,000.
About Lincoln International
Lincoln International is a global investment banking and financial advisory firm focused primarily on serving middle-market companies, private equity firms and other institutional clients. The firm provides advice on mergers and acquisitions, divestitures, recapitalizations, restructurings and other strategic transactions.
Its services also include capital advisory, private fund advisory, valuation and fairness opinions. Lincoln works with clients across a range of industries and helps them evaluate strategic alternatives, raise financing and assess the value of businesses, securities and other assets.
Founded in 1996 and headquartered in Chicago, Lincoln International serves clients through operations in North America, Europe and Asia.
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