Oppenheimer Maintains Outperform Rating for Jefferies Financial Gr: Here's What You Need To Know

Oppenheimer has decided to maintain its Outperform rating of Jefferies Financial Gr JEF and lower its price target from $48.00 to $42.00.

Shares of Jefferies Financial Gr are trading down 2.84% over the last 24 hours, at $29.03 per share.

A move to $42.00 would account for a 44.68% increase from the current share price.

About Jefferies Financial Gr

Jefferies Financial Group Inc is a diversified financial services company. Its business consists of investment banking and capital markets (Jefferies Group), commercial mortgage banking (Berkadia), asset management (Leucadia Asset Management), and online platform for foreign exchange trading (FXCM), a real estate company (Homefed), and vehicle finance (Foursight Capital and Chrome Capital). The company is also involved in other businesses, such as oil and gas exploration, through JETX and Vitesse Energy; automobile dealerships, through Gargadia; fixed wireless broadband services, through Linkem; and gold and silver mining through Golden Queen, among others.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.