KBW analyst Michael Brown assigned a Hold rating to Houlihan Lokey (HLI – Research Report) yesterday and set a price target of $132.00. The company’s shares closed yesterday at $132.89.
Brown covers the Financial sector, focusing on stocks such as Franklin Resources, Lazard, and BlackRock. According to TipRanks, Brown has an average return of 16.3% and a 59.62% success rate on recommended stocks.
Currently, the analyst consensus on Houlihan Lokey is a Hold with an average price target of $127.00.
The company has a one-year high of $135.35 and a one-year low of $83.60. Currently, Houlihan Lokey has an average volume of 323.5K.
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Houlihan Lokey (HLI) Company Description:
Houlihan Lokey, Inc. engages in the provision of investment banking services. It operates through the following segments: Corporate Finance, Financial Restructuring, and Financial Advisory Services. The Corporate Finance segment handles the mergers and acquisitions; and capital markets advisory services. The Financial Restructuring segment manages the advisory services for large and complex restructurings. The Financial Advisory Services segment provides financial opinion and financial and strategic consulting services. The company was founded in 1972 and is headquartered in Los Angeles, CA.
