Raymond James Financial – Consensus indicates potential rise of 13.5%
Raymond James Financial with ticker code (RJF) now have 9 total analysts covering the stock. The consensus rating is “Buy”. The range between the high target price and the low target price is between 190 and 135 with an average TP of 149.67. With the stock’s previous close at 131.82, this now indicates that there is upside potential of 13.5%. The 50-day moving average now stands at 131.08 and the 200-day MA is 119.03. The company has a market capitalization of $ 18,090 million. Visit the company’s website at: http://www.raymondjames.com
Raymond James Financial, through its subsidiaries, is engaged in the underwriting, distribution, trading and brokerage of equity and debt securities in the United States, Canada and Europe. The Private Client segment provides securities transactions, including the sale of stocks, mutual funds, fixed income products, and insurance and annuity products to retail clients; mutual fund; investment advisory and margin lending services; custody, trading, research and other support services; diversification strategies and alternative investment products; and borrowing and lending of securities to and from other brokers, financial institutions and other counterparties. The Capital Markets segment provides equity products to institutional clients; investment banking services, including public and private equity financing for corporate clients, merger and acquisition advisory services, and strategic and financial advisory services; and taxable and tax-exempt fixed income products, such as municipal, corporate, government agency and mortgage-backed bonds, and whole loans. This segment also offers public financing and debt underwriting services, interest rate derivatives and tax credit funds; and publishes research on companies in various industries. The Asset Management segment offers asset management, portfolio management and related administrative services to retail and institutional clients; and administrative support services, such as record keeping. The RJ Bank segment provides insured deposit accounts; commercial and industrial loans, commercial real estate (CRE) and CRE construction, tax-exempt, residential, secured against securities and other loans; and loan syndication. The Others segment is engaged in private equity activities, including various direct and third party private equity investments; and private equity funds. The company was founded in 1962 and is headquartered in St. Petersburg, Florida.
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