Report
Michael Wong
EUR 101.80 For Business Accounts Only

Greenhill Has Plenty of Upside Potential and Downside Risk

Greenhill has a significant amount of both upside potential and downside risk, and we consequently have a very high uncertainty rating assigned to our recently lowered $19.60 fair value estimate. Part of the reason for the divergent upside and downside scenarios for Greenhill is its 2017 recapitalization. The recapitalization plan involved a $350 million secured loan facility that was used to pay off debt coming due, with the remainder earmarked for upwards of $200 million in share repurchases. ...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Michael Wong

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