Breaking Down Raymond James Finl: 5 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Recent analyst insights on Raymond James Finl (NYSE:RJF) show a consensus of 'Indifferent' with all 5 analysts giving neutral ratings over the past three months. The average 12-month price target for RJF is $126.0, marking an 8.71% increase from the previous target of $115.90. Analyst actions include both raises and lowers in price targets, reflecting a nuanced view of the company's future performance. Raymond James Financial, a financial holding company, has shown solid revenue growth and strong financial performance, with a notable net margin and ROE, despite a lower ROA and challenges in asset utilization.
April 25, 2024 | 2:01 pm
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NEUTRAL IMPACT
Neutral analyst consensus with an updated average 12-month price target of $126.0, reflecting an 8.71% increase. Solid financial performance with strong revenue growth and net margin.
The unanimous neutral rating from analysts suggests a balanced view on RJF's future stock performance. The increase in the average price target indicates a positive adjustment in expectations, likely due to RJF's solid financial performance, including revenue growth and net margin. However, the neutral stance and mixed asset utilization may limit significant short-term stock price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100