PJT Partners Inc. with ticker code (PJT) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 98 and 85 with the average target price sitting at 91.33. Now with the previous closing price of 64.77 this indicates there is a potential upside of 41.0%. The day 50 moving average is 63.06 and the 200 moving average now moves to 73.75. The market capitalisation for the company is $1,532m. Visit the company website at: https://www.pjtpartners.com
The potential market cap would be $2,160m based on the market concensus.
PJT Partners Inc., an investment bank, provides various strategic and shareholder advisory, restructuring and special situations, and capital markets advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers a range of financial advisory and transaction execution capabilities, including mergers and acquisitions, joint ventures, minority investments, asset swaps, divestitures, and activism defense. The company also advices companies, creditors, and financial sponsors on exchanges, recapitalizations, reorganizations, debt repurchases, and distressed mergers and acquisitions. In addition, it offers private fund advisory and fundraising services for various investment strategies, including private equity, hedge fund, real estate, and secondary advisory groups. 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.
