Lincoln International Inc. (NYSE:LCLN) Stock Has Average Price Target of $27.36

Shares of Lincoln International Inc. (NYSE:LCLN) have received a consensus rating of “Hold” from the ten analysts that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $27.36.

A number of equities research analysts have recently issued reports on LCLN shares. Zacks Research raised shares of Lincoln International to a “hold” rating in a research note on Friday, July 10th. Citigroup initiated coverage on shares of Lincoln International in a research report on Monday, June 15th. They set an “outperform” rating for the company. Wall Street Zen upgraded shares of Lincoln International to a “hold” rating in a report on Saturday, May 30th. BMO Capital Markets initiated coverage on Lincoln International in a research report on Monday, June 15th. They issued a “market perform” rating and a $26.00 target price on the stock. Finally, Wolfe Research assumed coverage on Lincoln International in a research note on Monday, June 15th. They set an “outperform” rating and a $29.00 price target on the stock.

Hedge Funds Weigh In On Lincoln International

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

Lincoln International Price Performance

Shares of NYSE:LCLN opened at $23.33 on Wednesday. The business’s 50-day simple moving average is $24.25. Lincoln International has a 12-month low of $20.05 and a 12-month high of $27.55.

Lincoln International (NYSE:LCLN) last posted its earnings results on Thursday, August 6th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.12. The company had revenue of $225.69 million during the quarter. On average, sell-side analysts forecast that Lincoln International will post 1.4 EPS for the current year.

Lincoln International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, September 1st.

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.