In-Depth Examination Of 4 Analyst Recommendations For Raymond James Finl
Portfolio Pulse from Benzinga Insights
Raymond James Finl (NYSE:RJF) received mixed analyst ratings in the last three months, with 1 bullish and 3 indifferent ratings. The average 12-month price target is $113.75, a decrease from the previous $119.00. Analysts from TD Cowen, Goldman Sachs, Morgan Stanley, and Jefferies have provided ratings and adjusted price targets. Raymond James Financial is a financial holding company with over $1 trillion assets under administration, with 90% of revenue from the U.S. and 70% from wealth management. The company's financial performance shows strong net margin and ROE, but revenue growth lags behind industry peers.
January 04, 2024 | 7:00 pm
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NEUTRAL IMPACT
Raymond James Finl received mixed analyst ratings with a lower average 12-month price target of $113.75. The company's strong financial performance may counterbalance the reduced price target.
The mixed analyst ratings and the decrease in the average price target could lead to uncertainty among investors, potentially causing short-term price volatility. However, the company's strong financial metrics, such as net margin and ROE, may provide a counterbalancing effect, leading to a neutral short-term impact on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100