Lincoln International (NYSE:LCLN) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Lincoln International (NYSE:LCLN) had its price target upped by analysts at Keefe, Bruyette & Woods from $24.00 to $25.00 in a research report issued on Monday,Benzinga reports. The firm presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target points to a potential downside of 1.30% from the stock’s current price.

A number of other brokerages have also recently issued reports on LCLN. Evercore initiated coverage on shares of Lincoln International in a research report on Monday, June 15th. They set an “in-line” rating and a $25.00 target price for the company. The Goldman Sachs Group initiated coverage on shares of Lincoln International in a research report on Monday, June 15th. They issued a “buy” rating and a $27.50 price target on the stock. Citigroup assumed coverage on shares of Lincoln International in a research note on Monday, June 15th. They set an “outperform” rating for the company. BMO Capital Markets initiated coverage on Lincoln International in a research note on Monday, June 15th. They issued a “market perform” rating and a $26.00 target price on the stock. Finally, Morgan Stanley set a $28.00 target price on Lincoln International in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $27.21.

Lincoln International Stock Performance

Lincoln International stock traded up $0.78 during trading hours on Monday, hitting $25.33. The stock had a trading volume of 20,302 shares, compared to its average volume of 433,612. Lincoln International has a 1-year low of $20.05 and a 1-year high of $25.30. The firm has a fifty day simple moving average of $23.01.

Lincoln International (NYSE:LCLN) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.12. The firm had revenue of $225.69 million for the quarter. As a group, sell-side analysts forecast that Lincoln International will post 1.24 EPS for the current fiscal year.

Lincoln International Company Profile

We are a global independent investment banking advisory firm focused on the private capital markets. As a leader in advising private equity and private credit investors, private company business owners and other senior executives, our globally integrated platform allows us to deliver comprehensive, sector-focused advisory services to clients across key areas of the economy. Our experienced professionals provide meaningful and differentiated private capital markets expertise across our two segments, Investment Banking Advisory and Valuations and Opinions: Investment Banking Advisory Valuations and Opinions Mergers & Acquisitions Capital Advisory Private Funds Advisory Other Services •Sell-Sides •Debt Advisory •Continuation Vehicles •Strategic Consulting •Portfolio Valuations •Buy-Sides •Special Situations & •Single Asset and •Executive Peer Networks •Transaction Opinions & •Add-ons Restructuring Co-Investment Vehicles •Agency Member Network Board Advisory •Growth Capital & •Primary Funds •Disputes Advisory Minority Equity Since our founding in 1996, we have experienced significant growth achieved through investments in our talent, our platform, the complementary capabilities we offer—including our growing, recurring, and non-cyclical valuations business—and the strategic positioning of the firm.