In-Depth Examination Of 4 Analyst Recommendations For Raymond James Finl

In the last three months, 4 analysts have published ratings on Raymond James Finl RJF, offering a diverse range of perspectives from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 0 3 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 1 0 0
2M Ago 0 0 0 0 0
3M Ago 1 0 1 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $113.75, along with a high estimate of $121.00 and a low estimate of $100.00. This current average represents a 4.41% decrease from the previous average price target of $119.00.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

The standing of Raymond James Finl among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Bill Katz TD Cowen Announces Market Perform $121.00 -
Alexander Blostein Goldman Sachs Announces Neutral $116.00 -
Manan Gosalia Morgan Stanley Lowers Equal-Weight $100.00 $110.00
Gerald O'Hara Jefferies Lowers Buy $118.00 $128.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Raymond James Finl. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Raymond James Finl compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Raymond James Finl's stock. This examination reveals shifts in analysts' expectations over time.

Capture valuable insights into Raymond James Finl's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Raymond James Finl analyst ratings.

All You Need to Know About Raymond James Finl

Raymond James Financial is a financial holding company whose major operations include wealth management, investment banking, asset management, and commercial banking. The company supports more than 8,000 employee and independent contractor financial advisors across the United States, Canada, and the United Kingdom with over $1 trillion of assets under administration as of September 2022. Approximately 90% of the company's revenue is from the U.S. and 70% is from the company's wealth-management segment.

Breaking Down Raymond James Finl's Financial Performance

Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.

Revenue Growth: Raymond James Finl's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 7.76%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 14.18%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Raymond James Finl's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.27% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Raymond James Finl's ROA excels beyond industry benchmarks, reaching 0.55%. This signifies efficient management of assets and strong financial health.

Debt Management: Raymond James Finl's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.31.

How Are Analyst Ratings Determined?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
▲▼
ticker
▲▼
name
▲▼
Price Target
▲▼
Upside/Downside
▲▼
Recommendation
▲▼
Firm
▲▼
Posted In: Analyst RatingsBZI-AAR
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!