Lincoln International Inc. (NYSE:LCLN) Given Average Recommendation of “Hold” by Brokerages

Shares of Lincoln International Inc. (NYSE:LCLN) have been given a consensus recommendation of “Hold” by the ten analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $27.3571.

A number of brokerages have weighed in on LCLN. The Goldman Sachs Group initiated coverage on Lincoln International in a report on Monday, June 15th. They issued a “buy” rating and a $27.50 target price on the stock. BMO Capital Markets began coverage on shares of Lincoln International in a research report on Monday, June 15th. They issued a “market perform” rating and a $26.00 price target on the stock. Wall Street Zen upgraded shares of Lincoln International to a “hold” rating in a report on Saturday, May 30th. Zacks Research upgraded shares of Lincoln International to a “hold” rating in a report on Friday, July 10th. Finally, Citizens Jmp started coverage on Lincoln International in a report on Monday, June 15th. They set a “market outperform” rating and a $30.00 price target for the company.

Hedge Funds Weigh In On Lincoln International

Several institutional investors and hedge funds have recently bought and sold shares of LCLN. Citadel Advisors LLC bought a new position in Lincoln International during the second quarter worth about $22,029,000. Alyeska Investment Group L.P. bought a new position in shares of Lincoln International in the second quarter worth $6,326,000. Finally, Readystate Asset Management LP bought a new position in shares of Lincoln International in the second quarter worth $716,000.

Lincoln International Stock Up 4.3%

Shares of NYSE LCLN opened at $25.92 on Friday. The firm has a fifty day moving average of $23.34. Lincoln International has a fifty-two week low of $20.05 and a fifty-two week high of $26.00.

Lincoln International (NYSE:LCLN) last released its 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 company had revenue of $225.69 million for the quarter. As a group, equities research analysts forecast that Lincoln International will post 1.4 EPS for the current fiscal year.

Lincoln International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, September 1st.

About Lincoln International

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.