Oppenheimer has revised its price target for Hamilton Lane (HLNE, Financial), reducing it from $184 to $153. Despite the adjustment, the firm maintains an Outperform rating on the stock. This evaluation is part of a broader preview of the first quarter performance for alternative asset managers.
The analysis highlights that Hamilton Lane and similar companies possess some of the most robust business models within the financial services sector and potentially across other industries as well. This reflects a strong confidence in the firm's underlying operational strategies and market position.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Hamilton Lane Inc (HLNE, Financial) is $160.17 with a high estimate of $184.00 and a low estimate of $136.00. The average target implies an upside of 13.31% from the current price of $141.35. More detailed estimate data can be found on the Hamilton Lane Inc (HLNE) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Hamilton Lane Inc's (HLNE, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hamilton Lane Inc (HLNE, Financial) in one year is $124.31, suggesting a downside of 12.06% from the current price of $141.35. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hamilton Lane Inc (HLNE) Summary page.
