Extremely important positive changes in investment behavior have recently occurred for PJT Partners Inc (NYSE: PJT): its shorter term price trend turned up, and its longer term price trend turned up.
PJT Partners Inc (NYSE: PJT). Meaningful positive changes in fundamentals have recently occurred: the stock’s power rating rose above 70, and the consensus estimate for December, 2023 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
PJT’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
PJT Partners has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. PJT Partners has a slightly negative Appreciation Score of 36 but a good Power Rating of 80, resulting in the High Neutral Value Trend Rating.
Recent Price Action
PJT Partners Inc (NYSE: PJT) stock closed at $82.90 on 11/6/23 after a slight decline of -0.2%. The stock has risen 14.6% during the last week and has been strong relative to the market over the last nine months.
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