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Greenhill & Co. (GHL) Misses Q3 EPS by 2c

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UBS Raises Price Target on Greenhill & Co. (GHL) to $17; Reiterates Sell

October 25, 2016 9:10 AM EDT

UBS reiterated a Sell rating on Greenhill & Co. (NYSE: GHL), and raised the price target to $17.00 (from $13.00), following the company's 3Q earnings report. GHL reported EPS of $0.41, missing consensus estimates of $0.42. 4Q16 EPS estimates go up by 43c to $0.53 due to a much higher near-term outlook for advisory revenue... More