Impact of Brokerage Rating on Raymond James Financial, Inc.(RJF)

Many Raymond James Financial, Inc.(RJF) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Raymond James Financial was Upgraded by Nomura to Buy on Jan 5, 2017. Raymond James Financial was Downgraded by Keefe Bruyette to Mkt Perform on Dec 5, 2016.

Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Dennis W Zank (Chief Operating Officer) sold 12,500 shares at 76.98 per share price.On Feb 1, 2017, George Catanese (SVP, Chief Risk Officer) sold 4,500 shares at 74.53 per share price.On Jan 31, 2017, Tashtego S Elwyn (President – RJA) sold 791 shares at 74.03 per share price.

Raymond James Financial Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $1.01. The company had revenue of $1492.80 million for the quarter, compared to analysts expectations of $1484.15 million. The companys revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 EPS.

Raymond James Financial, Inc. (NYSE:RJF) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.2 by 5 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

Raymond James Financial, Inc. (NYSE:RJF): The mean estimate for the short term price target for Raymond James Financial, Inc. (NYSE:RJF) stands at $73 according to 2 Analysts. The higher price target estimate for the stock has been calculated at $84 while the lower price target estimate is at $62.

Raymond James Financial, Inc. (NYSE:RJF) rose 0.89% or 0.69 points on Tuesday and made its way into the gainers of the day. After trading began at $77.28 the stock was seen hitting $78.64 as a peak level and $77.09 as the lowest level. The stock ended up at $78.27. The daily volume was measured at 882,274 shares. The 52-week high of the share price is $78.64 and the 52-week low is $41. The company has a market cap of $11,246 million.

RAYMOND JAMES FINANCIAL, INC. is a holding company whose subsidiaries are engaged principally in the securities brokerage business including the underwriting, distribution, trading and brokerage of equity and debt securities, and the sale of tax advantaged investments, mutual funds and other investment products and provides investment management services for retail and institutional clients.


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