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

Shares of Lincoln International Inc. (NYSE:LCLN) have been given an average recommendation of “Hold” by the ten brokerages that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $27.21.

A number of research analysts recently issued reports on the stock. Evercore set a $26.00 price target on shares of Lincoln International in a research note on Wednesday, August 12th. Zacks Research downgraded shares of Lincoln International from a “hold” rating to a “strong sell” rating in a research report on Friday, October 9th. Morgan Stanley dropped their price objective on shares of Lincoln International from $28.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 8th. Keefe, Bruyette & Woods raised their price objective on shares of Lincoln International from $24.00 to $25.00 and gave the company a “market perform” rating in a report on Monday, August 10th. Finally, Weiss Ratings started coverage on shares of Lincoln International in a research report on Monday, August 17th. They set a “sell (e)” rating for the company.

Hedge Funds Weigh In On Lincoln International

Several large investors have recently bought and sold shares of LCLN. State of Alaska Department of Revenue acquired a new stake in Lincoln International in the third quarter valued at $33,000. State Street Corp purchased a new stake in Lincoln International during the 2nd quarter worth about $436,000. Readystate Asset Management LP acquired a new position in shares of Lincoln International during the 2nd quarter worth about $716,000. Squarepoint Ops LLC acquired a new position in shares of Lincoln International during the 2nd quarter worth about $813,000. Finally, Alyeska Investment Group L.P. acquired a new position in shares of Lincoln International during the 2nd quarter worth about $6,326,000.

Lincoln International Stock Performance

Shares of LCLN opened at $24.07 on Friday. Lincoln International has a 1 year low of $20.05 and a 1 year high of $27.55. The stock has a market cap of $839.01 million and a PE ratio of 92.60. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.76. The firm has a 50-day moving average of $24.80.

Lincoln International (NYSE:LCLN) last released its earnings results on Thursday, August 6th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.12. The firm had revenue of $225.69 million for the quarter. Analysts predict that Lincoln International will post 1.34 EPS for the current year.

Lincoln International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a dividend of $0.07 per share. The ex-dividend date was Tuesday, September 1st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.2%. Lincoln International’s payout ratio is presently 107.69%.

Lincoln International Company Profile

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.