Alert: Major Price Advance (10/25/24)-Oppenheimer Holdings Inc (NYSE: OPY).

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Oppenheimer Holdings Inc (NYSE: OPY) stock closed at $54.05 on 10/25/24 after a major increase of 11.4%. Moreover, exceptionally high trading volume at 295% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 9.0% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, OPY is expected to continue to be Value Creation neutral.

Oppenheimer Holdings has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Oppenheimer Holdings has a neutral Appreciation Score of 56 but a very high Power Rating of 91, triggering the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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