Is This Stock a Screaming Buy: Oppenheimer Holdings Inc. (NYSE:OPY)

Equity Research firms currently have a positive stance on shares of Oppenheimer Holdings Inc. (NYSE:OPY). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $21.00 on a short term basis.

At the time of writing, the stock was trading at $14.47. This represents a change from the opening price of -0.48%. In terms of performance, year to date, the stock is -14.94%. The monthly stock performance comes in at -10.13%. For the quarter, shares are performing at -8.37%. Weekly performance analysis shows the equity at 3.88%.

In taking a look at technical levels, shares are trading -6.05% away from the 50 day simple moving average and -4.27% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -29.74% away from it’s 52- week high and 8.94% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Oppenheimer Holdings Inc.’s RSI stands at 42.58. In looking at volatility levels, the shares saw weekly volatility of 3.06% and 2.96% over the past month.

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