Alert: Rating Upgrade (12/1/23)-Oppenheimer Holdings Inc (NYSE: OPY).


Stock Rating Upgrade

During the last several trading days the Value Trend Rating for Oppenheimer Holdings Inc (NYSE: OPY) improved from C to B reflecting improving fundamentals and high Appreciation Potential.


Recent Price Action

Oppenheimer Holdings Inc (NYSE: OPY) stock closed at $40.44 on 12/1/23 after an increase of 1.6%. Moreover, this advance was accompanied by unusually high trading volume at 164% of normal. The stock has risen 1.2% during the last week and has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

OPY’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.

Oppenheimer Holdings has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Oppenheimer Holdings has a slightly positive Power Rating of 62 and a slightly positive Appreciation Score of 68, triggering the Positive Value Trend Rating.

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