Lincoln International Inc. (NYSE:LCLN) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Analysts have a consensus “Hold” rating on Lincoln International, with five holds, three buys, one strong buy and one sell among 10 analysts. The average 12-month price target is $27.36.
• Lincoln International reported quarterly earnings of $0.26 per share, exceeding the $0.14 analyst consensus, on revenue of $225.69 million.
• The company paid a quarterly dividend of $0.07 per share, equivalent to an annualized $0.28 dividend and a 1.2% yield; shares recently opened at $24.01.

Shares of Lincoln International Inc. (NYSE:LCLN - Get Free Report) have been given a consensus rating of "Hold" by the ten analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $27.3571.

LCLN has been the topic of a number of research reports. Weiss Ratings started coverage on Lincoln International in a report on Monday, August 17th. They issued a "sell (e)" rating on the stock. Wolfe Research assumed coverage on shares of Lincoln International in a research report on Monday, June 15th. They issued an "outperform" rating and a $29.00 target price for the company. Keefe, Bruyette & Woods upped their price target on shares of Lincoln International from $24.00 to $25.00 and gave the company a "market perform" rating in a research note on Monday, August 10th. Citizens Jmp initiated coverage on shares of Lincoln International in a research report on Monday, June 15th. They set a "market outperform" rating and a $30.00 price target on the stock. Finally, The Goldman Sachs Group began coverage on shares of Lincoln International in a research report on Monday, June 15th. They set a "buy" rating and a $27.50 price target on the stock.

Lincoln International Price Performance

Shares of NYSE:LCLN opened at $24.01 on Wednesday. Lincoln International has a 12-month low of $20.05 and a 12-month high of $27.55. The stock's 50 day moving average price is $24.19.

Lincoln International (NYSE:LCLN - Get Free Report) last announced 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. As a group, sell-side analysts predict that Lincoln International will post 1.4 earnings per share for the current fiscal year.

Lincoln International Announces Dividend

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

Institutional Investors Weigh In On Lincoln International

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

About Lincoln International

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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