Bank of America Have TP $55 on Houlihan Lokey (HLI). Researchers Maintain firms Neutral rating.

June 27, 2018 - By Estela Ashley

Houlihan Lokey, Inc. (NYSE:HLI) Corporate Logo

Reiterated Houlihan Lokey (HLI) Rating.

In an analyst report made public by Bank of America’s stock research analysts, Houlihan Lokey (HLI) had it’s stock Rating reconfirmed to Neutral. On Tuesday morning it has $55 or 6.03 % target price that means a potential upside move.

Houlihan Lokey, Inc. (NYSE:HLI) Ratings Coverage

Total analysts of 4 have positions in Houlihan Lokey (HLI) as follows: 2 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 50%. Since January 11, 2018 according to StockzIntelligence Inc Houlihan Lokey has 7 analyst reports. On Thursday, January 11 Sandler O’Neill maintained Houlihan Lokey, Inc. (NYSE:HLI) rating. Sandler O’Neill has “Hold” rating and $53.0 target. On Tuesday, April 3 the rating was maintained by Sandler O’Neill with “Hold”. On Monday, March 5 Sandler O’Neill maintained the shares of HLI in report with “Hold” rating. On Monday, January 29 the firm has “Buy” rating given by Keefe Bruyette & Woods. On Tuesday, January 30 Bank of America maintained Houlihan Lokey, Inc. (NYSE:HLI) rating. Bank of America has “Neutral” rating and $52 target. The company rating was maintained by Bank of America on Tuesday, June 26.

HLI is touching $51.87 during the last trading session, after decreased 0.23%.Currently Houlihan Lokey, Inc. is uptrending after 49.93% change in last June 27, 2017. HLI has also 153,905 shares volume. HLI outperformed the S&P 500 by 37.36%.

On July, 24. Investors expect Houlihan Lokey, Inc. (NYSE:HLI) to report its quarterly earnings, RTT reports. Last year’s earnings per share was $0.5, while now analysts expect change of 22.00 % up from current $0.61 earnings per share. In case of $0.61 earnings per share HLI’s profit could reach $40.37M. Last quarter $0.65 earnings per share was reported. Analysts sees -6.15 % negative EPS growth this quarter.

Houlihan Lokey, Inc., an investment banking company, provides merger and acquisition , financing, financial restructuring, and financial advisory services worldwide.The company has $3.43 billion market cap. It operates in three divisions: Corporate Finance, Financial Restructuring, and Financial Advisory Services.The P/E ratio is 19.95. The Corporate Finance segment offers general financial advisory services; and advises public and private institutions on buy-side and sell-side transactions, leveraged loans, private mezzanine debt, high-yield debt, initial public offerings, follow-ons, convertibles, equity private placements, private equity, and liability management transactions, as well as financial sponsors on various transactions.

More recent Houlihan Lokey, Inc. (NYSE:HLI) news were posted by Streetinsider.com, Themiddlemarket.com and Businesswire.com. The first one has “Houlihan Lokey (HLI) PT Raised to $55 at BofA/Merrill Lynch” as a title and was posted on June 26, 2018. The next is “M&A daily wrap: Rising Stars of Private Equity, Revelstoke, Cincinnati Eye Institute, Polaris Industries” on May 30, 2018. And last was posted on May 31, 2018, called “Houlihan Lokey Announces Pricing of Secondary Offering of HLI Class A Common Stock by Selling Stockholders”.

Houlihan Lokey, Inc. (NYSE:HLI) Analyst Ratings Chart

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