PJT Partners Inc. which can be found using ticker (PJT) now have 5 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 88 and 84 with the average target price sitting at $86.00. Now with the previous closing price of $70.74 and the analysts are correct then we can expect a percentage increase in value of 21.6%. The 50 day moving average now sits at $75.45 and the 200 moving average now moves to $73.74. The market capitalization for the company is $2,853m. Company Website: https://www.pjtpartners.com
The potential market cap would be $3,468m based on the market consensus.
PJT Partners Inc., an investment bank, provides various strategic and capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments, and divestitures. The company also advises private and public company boards and management teams on strategies for building productive investor relationships with a focus on shareholder engagement; and strategic investor relations; environmental, social, and governance matters; and other investor-related matters. In addition, it provides advisory services related to debt and acquisition financings; structured product offerings; public equity raises, including initial public offering and SPAC offerings; and private capital raises for early and later stage companies, as well as other capital structure related matters. Further, the company offers advisory services in restructurings and recapitalizations; and serving a range of companies, creditors, and financial sponsors on liability management and related capital raise transactions, including exchanges, recapitalizations, reorganizations, debt repurchases, and distressed mergers and acquisitions. Additionally, it provides private fund advisory and fundraising services for a range of investment strategies; and advisory services to GPs and LPs on liquidity and other structured solutions in the secondary market. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. was incorporated in 2014 and is headquartered in New York, New York.
The company has a dividend yield of 1.39% with the ex dividend date set at 7-3-2023 (DMY).
Other points of data to note are a P/E ratio of 20.51, revenue per share of 40.86 and a 16.17% return on assets.
