Greenhill & Co. (NYSE:GHL) : The consensus on Greenhill & Co. (NYSE:GHL) based on 2 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Company shares have received an average consensus rating of Hold for the current week Also, Credit Suisse maintains their rating on the shares of Greenhill & Co. (NYSE:GHL). The current rating of the shares is Neutral. Equity Analysts at the Firm lowers the price target to $18 per share from $24 per share. The rating by the firm was issued on April 8, 2016.
Greenhill & Co. (NYSE:GHL): On Tuesdays trading session , Opening price of the stock was $16.65 with an intraday high of $16.81. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $15.78. However, the stock managed to close at $15.93, a loss of 2.51% for the day. On the previous day, the stock had closed at $16.34. The total traded volume of the day was 1,055,183 shares.
In an insider trading activity, Bok Scott L, CEO of Greenhill & Co Inc, executed a transaction worth $5,040,474 on October 27, 2015. A total of 202,510 shares were purchased at an average price of $24.89. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Greenhill & Co., Inc. is an investment bank. The Company provides financial and advisory services on domestic and cross-border mergers and acquisitions, restructurings, financings, capital raisings and other strategic transactions to client base, including corporations, partnerships, institutions and governments. The Company advises debtors, creditors, governments, pension funds and other stakeholders, as well as potential acquirers of distressed companies and assets. The Company also provides advice in connection with activist response strategies and other mission critical situations. It acts for clients located across the world from its offices located in the United States, United Kingdom, Germany, Canada, Japan, Australia, Sweden and Brazil. The Companys wholly owned subsidiaries include Greenhill & Co., LLC (G&Co), Greenhill & Co. International LLP (GCI) and Greenhill & Co. Australia Pty Limited (Greenhill Australia), which provide advisory services in various jurisdictions.