Raymond James Financial – Consensus indicates potential rise of 12.0%

Raymond James Financial with the ticker code (RJF) now have 8 analysts covering the stock with the consensus suggesting a rating of “Buy”. The range between the high target price and the low target price is between 143 and 66.67 by calculating the average target price that we see 102.63. Now, with the previous closing price of 91.6, that would imply a potential rise of 12.0%. There is a 50 day moving average of 91.15 and the 200 moving average is now at 87.12. The company has a market capitalization of $ 19,165 million. You can visit the company’s website by visiting: 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 transaction 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, 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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