Greenhill & Co. Price Target Raised to $56.00 at UBS AG (GHL)
UBS AG increased their price target on shares of Greenhill & Co. (NYSE:GHL) from $49.00 to $56.00 in a research note issued on Monday, StockRatingsNetwork.com reports. The firm currently has a “neutral” rating on the stock. UBS AG’s price target indicates a potential downside of 2.03% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse initiated coverage on shares of Greenhill & Co. in a research note to investors on Tuesday, December 10th. They set a “neutral” rating on the stock. Separately, analysts at Zacks upgraded shares of Greenhill & Co. from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 3rd. They now have a $54.50 price target on the stock. Finally, analysts at Zacks downgraded shares of Greenhill & Co. from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, October 10th. They now have a $42.90 price target on the stock. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $51.25.
Greenhill & Co. (NYSE:GHL) last issued its quarterly earnings data on Thursday, October 17th. The company reported $0.06 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.16 by $0.10. The company had revenue of $44.50 million for the quarter, compared to the consensus estimate of $47.24 million. During the same quarter last year, the company posted $0.28 earnings per share. Greenhill & Co.’s revenue was down 29.0% compared to the same quarter last 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.