JMP Securities Maintains Their Hold Rating on Raymond James Financial (RJF)

JMP Securities analyst Devin Ryan maintained a Hold rating on Raymond James Financial (RJFResearch Report) on July 12. The company’s shares closed last Friday at $95.73.

According to TipRanks.com, Ryan is a 5-star analyst with an average return of 12.7% and a 56.4% success rate. Ryan covers the Financial sector, focusing on stocks such as Sixth Street Specialty Lending, Perella Weinberg Partners, and Oaktree Specialty Lending.

Raymond James Financial has an analyst consensus of Strong Buy, with a price target consensus of $140.00.

See the top stocks recommended by analysts >>

The company has a one-year high of $117.37 and a one-year low of $84.64. Currently, Raymond James Financial has an average volume of 1.24M.

Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RJF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Raymond James Financial, Inc. is a holding company. The firm engages in the provision of financial and investment services. It operates through the following segments: Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other. The Private Client Group segment deals with financial planning and securities transaction services. The Capital Markets segment pertains to institutional sales, securities trading, equity research, and investment banking activities. The Asset Management segment offers investment advisory to individual and institutional portfolios. The RJ Bank segment includes corporate loans, mortgages, and loan syndications. The Other segment consists of principal capital and private equity operations. The company was founded by Robert A. James in 1962 and is headquartered in St. Petersburg, FL.

Read More on RJF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More