Investment analysts at Susquehanna lifted their price objective on shares of Greenhill & Co. (NYSE:GHL) from $43.00 to $46.00 in a note issued to investors on Tuesday, Stock Ratings Network reports. The firm currently has a “neutral” rating on the stock. Susquehanna’s price objective would suggest a potential downside of 11.79% from the company’s current price.
A number of other analysts have also recently weighed in on GHL. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Greenhill & Co. (NYSE:GHL) from $47.00 to $52.00 in a research note to investors on Friday. Separately, analysts at TheStreet upgraded shares of Greenhill & Co. (NYSE:GHL) from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, August 21st. Finally, analysts at JMP Securities downgraded shares of Greenhill & Co. (NYSE:GHL) from an “outperform” rating to a “market perform” rating in a research note to investors on Wednesday, August 21st.
Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $49.17.
Shares of Greenhill & Co. (NYSE:GHL) traded up 3.37% during mid-day trading on Tuesday, hitting $52.15. The stock had a trading volume of 707,660 shares. Greenhill & Co. has a one year low of $43.10 and a one year high of $61.99. The stock’s 50-day moving average is $49.84 and its 200-day moving average is $49.96. The company has a market cap of $1.447 billion and a price-to-earnings ratio of 28.99.
Greenhill & Co. (NYSE:GHL) last announced its earnings results on Wednesday, July 17th. The company reported $0.52 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.53 by $0.01. The company had revenue of $83.10 million for the quarter, compared to the consensus estimate of $80.48 million. During the same quarter last year, the company posted $0.07 earnings per share. Greenhill & Co.’s revenue was up 83.2% compared to the same quarter last year. Analysts expect that Greenhill & Co. will post $1.76 EPS for the current fiscal 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.