Greenhill & Co., Inc. (NYSE:GHL) had its target price boosted by research analysts at Buckingham Research from $15.00 to $18.00 in a note issued to investors on Tuesday. The firm presently has a “neutral” rating on the financial services provider’s stock. Buckingham Research’s price objective indicates a potential upside of 25.00% from the company’s current price.

A number of other equities analysts have also recently weighed in on the stock. ValuEngine cut shares of Greenhill & Co. from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research cut shares of Greenhill & Co. from a “hold” rating to a “sell” rating in a research report on Monday, June 19th. UBS AG reissued a “sell” rating and set a $9.00 price target (down from $17.00) on shares of Greenhill & Co. in a research report on Monday, August 21st. Keefe, Bruyette & Woods initiated coverage on shares of Greenhill & Co. in a research report on Friday, June 2nd. They set a “market perform” rating on the stock. Finally, TheStreet cut shares of Greenhill & Co. from a “b-” rating to a “c+” rating in a research report on Wednesday, June 21st. Seven analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock currently has a consensus rating of “Sell” and an average target price of $20.44.

Greenhill & Co. (NYSE GHL) traded up 15.799% during mid-day trading on Tuesday, hitting $16.675. The stock had a trading volume of 1,513,585 shares. The company has a 50-day moving average price of $15.53 and a 200 day moving average price of $21.77. Greenhill & Co. has a 1-year low of $13.80 and a 1-year high of $32.45. The company has a market cap of $494.21 million, a P/E ratio of 12.748 and a beta of 1.30.

Greenhill & Co. (NYSE:GHL) last announced its quarterly earnings results on Thursday, July 27th. The financial services provider reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.10). The firm had revenue of $67.27 million for the quarter, compared to the consensus estimate of $72.25 million. Greenhill & Co. had a return on equity of 15.68% and a net margin of 13.98%. The company’s revenue for the quarter was down 25.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.62 earnings per share. Equities research analysts forecast that Greenhill & Co. will post $0.37 EPS for the current fiscal year.

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A number of institutional investors and hedge funds have recently bought and sold shares of GHL. State of Alaska Department of Revenue lifted its position in Greenhill & Co. by 44.5% in the 2nd quarter. State of Alaska Department of Revenue now owns 7,615 shares of the financial services provider’s stock valued at $152,000 after acquiring an additional 2,345 shares in the last quarter. Mason Street Advisors LLC lifted its position in Greenhill & Co. by 8.2% in the 1st quarter. Mason Street Advisors LLC now owns 6,432 shares of the financial services provider’s stock valued at $188,000 after acquiring an additional 489 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in Greenhill & Co. by 1.1% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 9,499 shares of the financial services provider’s stock valued at $191,000 after acquiring an additional 102 shares in the last quarter. Globeflex Capital L P bought a new stake in Greenhill & Co. in the 1st quarter valued at $201,000. Finally, People s United Financial Inc. lifted its position in Greenhill & Co. by 0.8% in the 2nd quarter. People s United Financial Inc. now owns 10,432 shares of the financial services provider’s stock valued at $210,000 after acquiring an additional 83 shares in the last quarter. 97.12% of the stock is currently owned by institutional investors and hedge funds.

About Greenhill & Co.

Greenhill & Co, Inc is an investment bank. The Company provides financial and strategic advice on domestic and cross-border mergers and acquisitions, divestitures, restructurings, financings, capital raising and other transactions to a diverse client base, including corporations, partnerships, institutions and governments globally.

Analyst Recommendations for Greenhill & Co. (NYSE:GHL)

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