Raymond James Financial – Consensus indicates upside potential of 15.4%

Raymond James Financial with ticker code (RJF) now have 8 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The range between the high target price and the low target price is between 163 and 95 by calculating the average target price that we have 114.88. With the stock’s previous close at 99.58, this indicates that there is upside potential of 15.4%. The 50-day moving average is now at 95.28 and the 200-day moving average is at 90.04. The company’s market capitalization is $ 20,288 million. Company website: 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 trading services 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, securities and others; 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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