Analysts are on the Bearish side about Piper Jaffray Companies (NYSE:PJC) this week.

August 24, 2017 - By Michael Collier

 Analysts are on the Bearish side about Piper Jaffray Companies (NYSE:PJC) this week.
Investors sentiment increased to 1.26 in 2016 Q4. Its up 0.06, from 1.2 in 2016Q3. It is positive, as 13 investors sold Piper Jaffray Companies shares while 55 reduced holdings. 40 funds opened positions while 46 raised stakes. 10.34 million shares or 2.28% more from 10.11 million shares in 2016Q3 were reported.
Guggenheim Cap Ltd Liability has 0.01% invested in Piper Jaffray Companies (NYSE:PJC). Hsbc Holdg Public Limited Liability Company stated it has 4,351 shares. Hanson Mcclain Inc invested in 27 shares or 0% of the stock. Connecticut-based Aqr Cap Mgmt Ltd Liability Corp has invested 0.01% in Piper Jaffray Companies (NYSE:PJC). 25,000 were accumulated by Swiss Retail Bank. Bancorporation Of Ny Mellon has 0.01% invested in Piper Jaffray Companies (NYSE:PJC). Lazard Asset Mngmt Ltd Liability Corporation reported 27,057 shares. Citigroup reported 26,983 shares. Washington Trust Bancorp holds 1,435 shares or 0.02% of its portfolio. Eam Invsts reported 13,644 shares stake. Pinebridge Invs Lp reported 0.03% stake. California State Teachers Retirement has invested 0% in Piper Jaffray Companies (NYSE:PJC). Boston Advsr Ltd Com has invested 0.11% in Piper Jaffray Companies (NYSE:PJC). Burt Wealth Advsr accumulated 99 shares. C M Bidwell Associates Ltd holds 0.08% or 4,960 shares in its portfolio.

Piper Jaffray Companies (NYSE:PJC) Ratings Coverage

Among 7 analysts covering Piper Jaffray (NYSE:PJC), 1 have Buy rating, 2 Sell and 4 Hold. Therefore 14% are positive. Piper Jaffray had 14 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Piper Jaffray Companies (NYSE:PJC) has “Outperform” rating given on Friday, October 30 by Keefe Bruyette & Woods. Desjardins Securities downgraded Piper Jaffray Companies (NYSE:PJC) rating on Friday, April 28. Desjardins Securities has “Sell” rating and $20 target. Keefe Bruyette & Woods downgraded Piper Jaffray Companies (NYSE:PJC) on Friday, December 11 to “Mkt Perform” rating. Zacks upgraded Piper Jaffray Companies (NYSE:PJC) on Tuesday, August 11 to “Hold” rating. BMO Capital Markets maintained Piper Jaffray Companies (NYSE:PJC) rating on Friday, April 28. BMO Capital Markets has “Market Perform” rating and $21 target. As per Tuesday, September 22, the company rating was initiated by Sandler O’Neill. The rating was maintained by TD Securities on Friday, April 28 with “Reduce”. Below is a list of Piper Jaffray Companies (NYSE:PJC) latest ratings and price target changes.

28/04/2017 Broker: BMO Capital Markets Rating: Market Perform New Target: $21.00 Maintain
28/04/2017 Broker: IBC Rating: Old Target: $19.00 New Target: $22.00 Target Up
28/04/2017 Broker: Desjardins Securities Old Rating: Hold New Rating: Sell Old Target: $21.00 New Target: $20.00 Downgrade
28/04/2017 Broker: National Bank Canada Rating: Old Target: $22.00 New Target: $25.00 Target Up
28/04/2017 Broker: Scotia Capital Rating: Sector Perform Old Target: $19.00 New Target: $22.50 Target Up
28/04/2017 Broker: TD Securities Rating: Reduce New Target: $20.00 Maintain

About 10,820 shares traded. Piper Jaffray Companies (NYSE:PJC) has risen 43.41% since August 24, 2016 and is uptrending. It has outperformed by 26.71% the S&P500.

Piper Jaffray Companies is an investment bank and asset management company. The company has market cap of $844.88 million. The Company’s divisions include Capital Markets and Asset Management. It has a 541.19 P/E ratio. The Capital Markets segment provides investment banking and institutional sales, trading and research services for various equity and fixed income products.

More recent Piper Jaffray Companies (NYSE:PJC) news were published by: Nasdaq.com which released: “Piper Jaffray Companies (PJC) Ex-Dividend Date Scheduled for August 24, 2017” on August 23, 2017. Also Nasdaq.com published the news titled: “Ex-Dividend Reminder: S&P Global, First Hawaiian and Piper Jaffray Companies” on August 22, 2017. Businesswire.com‘s news article titled: “Piper Jaffray Companies Announces Share Repurchase Authorization” with publication date: August 10, 2017 was also an interesting one.

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