Media headlines about Greenhill & Co., Inc. (NYSE:GHL) have been trending somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Greenhill & Co., Inc. earned a news impact score of 0.13 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.3757003225866 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of equities research analysts have recently weighed in on the company. Zacks Investment Research raised Greenhill & Co., Inc. from a “sell” rating to a “hold” rating in a research note on Tuesday, November 21st. Nomura cut their price target on Greenhill & Co., Inc. from $14.00 to $13.00 and set a “reduce” rating for the company in a research note on Wednesday, January 3rd. ValuEngine raised Greenhill & Co., Inc. from a “sell” rating to a “hold” rating in a research note on Friday, December 29th. Bank of America cut their price objective on Greenhill & Co., Inc. from $13.00 to $12.00 and set an “underperform” rating on the stock in a research note on Thursday, October 19th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $17.00 price objective on shares of Greenhill & Co., Inc. in a research note on Thursday, October 19th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $15.43.
Greenhill & Co., Inc. (NYSE:GHL) opened at $17.85 on Friday. The company has a quick ratio of 3.83, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $468.80, a P/E ratio of 24.79 and a beta of 1.15. Greenhill & Co., Inc. has a 1 year low of $13.80 and a 1 year high of $31.35.
Greenhill & Co., Inc. announced that its Board of Directors has authorized a stock buyback program on Monday, October 9th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the financial services provider to buy shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.
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About Greenhill & Co., Inc.
Greenhill & Co, Inc is an investment bank. The Company provides financial and strategic advice on domestic and cross-border mergers and acquisitions, divestitures, restructurings, financings, capital raising and other transactions to a diverse client base, including corporations, partnerships, institutions and governments globally.
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