KBW analyst Michael Brown assigned a Hold rating to PJT Partners (PJT – Research Report) yesterday and set a price target of $99.00. The company’s shares closed yesterday at $98.46.
Brown covers the Financial sector, focusing on stocks such as Franklin Resources, Lazard, and Apollo Global Management. According to TipRanks, Brown has an average return of 15.4% and a 59.22% success rate on recommended stocks.
Currently, the analyst consensus on PJT Partners is a Hold with an average price target of $95.50.
PJT market cap is currently $2.25B and has a P/E ratio of 29.94.
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PJT in relation to earlier this year. Most recently, in March 2024, Helen T Meates, the CFO of PJT sold 17,926.00 shares for a total of $1,885,522.26.
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PJT Partners (PJT) Company Description:
PJT Partners, Inc. is a holding company, which engages in the provision of advisory-investment solutions. It specializes in strategic advisory, shareholder engagement, restructuring and special situations and private fund advisory and placement services to corporations, financial sponsors, institutional investors, and governments. The company was founded on November 5, 2014 and is headquartered in New York, NY.
