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HONG KONG (Reuters)PROPERTY/DEBT-COUNTRYGARDEN - A major group of Country Garden offshore creditors has appointed Kirkland & Ellis LLP as the legal adviser, a source familiar with the matter said, in a move towards discussing debt repayment options with the defaulted Chinese developer. Country Garden has been working on a plan to restructure its $11 billion offshore bonds after it missed a coupon repayment in October, becoming one of the biggest Chinese developers that have defaulted on its offshore debt. The developer's offshore bondholders group, which has hired Kirkland, had appointed PJT Partners as a financial adviser to discuss repayment plans with the company last year, Reuters reported in October. ....
The Goldman Sachs Group restated their neutral rating on shares of PJT Partners (NYSE:PJT – Free Report) in a research report report published on Tuesday morning, Marketbeat.com reports. They currently have a $99.00 price target on the financial services provider’s stock, down from their prior price target of $108.00. PJT has been the topic of […] ....
PJT Partners Inc. (NYSE:PJT – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $98.51 and last traded at $98.50, with a volume of 30277 shares trading hands. The stock had previously closed at $96.95. Analysts Set New Price Targets A number of […] ....
Shares of PJT Partners Inc. (NYSE:PJT – Get Free Report) have received an average recommendation of “Hold” from the five research firms that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price […] ....