Raymond James Financial (RJF) Receives a Hold from JMP Securities

In a report released today, Devin Ryan from JMP Securities maintained a Hold rating on Raymond James Financial (RJF – Research Report). The company’s shares closed yesterday at $127.54.

According to TipRanks, Ryan is a top 25 analyst with an average return of 21.6% and a 69.29% success rate. Ryan covers the Financial sector, focusing on stocks such as Coinbase Global, LPL Financial, and Raymond James Financial.

Raymond James Financial has an analyst consensus of Moderate Buy, with a price target consensus of $128.81, a 1.00% upside from current levels. In a report released on April 11, Citi also maintained a Hold rating on the stock with a $132.00 price target.

RJF market cap is currently $26.58B and has a P/E ratio of 15.93.

Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is neutral on the stock.

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Raymond James Financial (RJF) Company Description:

Raymond James Financial, Inc. is a holding company. The firm engages in the provision of financial and investment services. It operates through the following segments: Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other. The Private Client Group segment deals with financial planning and securities transaction services. The Capital Markets segment pertains to institutional sales, securities trading, equity research, and investment banking activities. The Asset Management segment offers investment advisory to individual and institutional portfolios. The RJ Bank segment includes corporate loans, mortgages, and loan syndications. The Other segment consists of principal capital and private equity operations. The company was founded by Robert A. James in 1962 and is headquartered in St. Petersburg, FL.