Neutral was Reconfirmed on Houlihan Lokey (HLI) by Bank of America; with $55 Target.

June 27, 2018 - By Amber Marburger

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

Reiterated Houlihan Lokey (HLI) Rating.

The $55 target price on the $3.43B MC company given by Research analysts at Bank of America indicates a potential upside of 6.03 %. The Houlihan Lokey (HLI)‘s stock had its Neutral Rating revealed in a research report on Tuesday, 26 June.

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

In total 4 analysts cover Houlihan Lokey (HLI). “Buy” rating has 2, “Sell” are 0, while 2 are “Hold”. (HLI) has 50% bullish analysts. 7 are the (HLI)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. The stock rating was maintained by Keefe Bruyette & Woods with “Buy” on Monday, January 29. On Tuesday, June 26 the firm has “Neutral” rating given by Bank of America. On Monday, March 5 the firm earned “Hold” rating by Sandler O’Neill. On Thursday, January 11 the firm has “Hold” rating by Sandler O’Neill given. On Tuesday, January 30 the stock of Houlihan Lokey, Inc. (NYSE:HLI) earned “Neutral” rating by Bank of America. In Tuesday, April 3 report Sandler O’Neill maintained the stock with “Hold” rating.

The stock decreased 0.23% or $0.12 during the last trading session, reaching $51.87.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&P500 by 37.36%.

On July, 24 Houlihan Lokey, Inc. (NYSE:HLI)’s earnings release is anticipated by WallStreet, according to RTT. Analysts forecast $0.61 EPS, which is $0.11 up or 22.00 % from 2017’s $0.5 EPS. If $0.61 is reported, HLI’s profit will hit $40.37 million for 21.26 P/E. After $0.65 EPS was reported last quarter, analysts now see negative EPS growth of -6.15 % for Houlihan Lokey, Inc..

Houlihan Lokey, Inc., an investment banking company, provides merger and acquisition , financing, financial restructuring, and financial advisory services worldwide.The firm is worth $3.43 billion. 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 Themiddlemarket.com, Streetinsider.com and Businesswire.com. The first one has “M&A daily wrap: Rising Stars of Private Equity, Revelstoke, Cincinnati Eye Institute, Polaris Industries” as a title and was posted on May 30, 2018. The next is “Houlihan Lokey (HLI) PT Raised to $55 at BofA/Merrill Lynch” on June 26, 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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