Greenhill & Co. Price Target Increased to $52.00 by Analysts at Keefe, Bruyette & Woods (GHL)
Equities researchers at Keefe, Bruyette & Woods lifted their target price on shares of Greenhill & Co. (NYSE:GHL) from $47.00 to $52.00 in a research report issued on Friday, Stock Ratings Network reports. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 5.01% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet upgraded shares of Greenhill & Co. (NYSE:GHL) from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, August 21st. Separately, analysts at JMP Securities downgraded shares of Greenhill & Co. (NYSE:GHL) from an “outperform” rating to a “market perform” rating in a research note to investors on Wednesday, August 21st. Finally, analysts at Sandler O’Neill raised their price target on shares of Greenhill & Co. (NYSE:GHL) from $49.50 to $50.00 in a research note to investors on Friday, July 19th. They now have a “hold” rating on the stock.
Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Greenhill & Co. currently has a consensus rating of “Hold” and a consensus target price of $49.46.
Shares of Greenhill & Co. (NYSE:GHL) traded up 1.43% on Friday, hitting $50.23. The stock had a trading volume of 211,746 shares. Greenhill & Co. has a 52 week low of $43.10 and a 52 week high of $61.99. The stock’s 50-day moving average is $49.82 and its 200-day moving average is $50.24. The company has a market cap of $1.394 billion and a price-to-earnings ratio of 28.46.
Greenhill & Co. (NYSE:GHL) last issued its quarterly earnings data on Wednesday, July 17th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.01. The company had revenue of $83.10 million for the quarter, compared to the consensus estimate of $80.48 million. During the same quarter in the previous year, the company posted $0.07 earnings per share. The company’s revenue for the quarter was up 83.2% on a year-over-year basis. Analysts expect that Greenhill & Co. will post $1.76 EPS for the current fiscal year.
Greenhill & Co, Inc (NYSE:GHL)is an independent investment bank focused on providing financial advice on mergers, acquisitions, restructurings, financings and capital raising to corporations, partnerships, institutions and governments.
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