Stifel Financial Corporation (NYSE:SF) : 1 analysts are covering Stifel Financial Corporation (NYSE:SF) and their average rating on the stock is 3, which is read as a Hold. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, Nomura maintains its rating on Stifel Financial Corporation (NYSE:SF).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Nomura lowers the new price target from $44 per share to $43 per share. The rating by the firm was issued on April 4, 2016.
Stifel Financial Corporation (NYSE:SF): stock turned positive on Tuesday. Though the stock opened at $31.19, the bulls momentum made the stock top out at $31.32 level for the day. The stock recorded a low of $29.8 and closed the trading day at $30.39, in the green by 0.26%. The total traded volume for the day was 954,603. The stock had closed at $30.31 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Westbrook Kelvin R, director of Stifel Financial Corp, had unloaded 4,500 shares at an average price of $37.5 in a transaction dated on June 8, 2016. The total value of the transaction was worth $168,750.
Stifel Financial Corp. is a financial holding company. The Company operates in three segments: Global Wealth Management, Institutional Group and Other. Global Wealth Management segment is engaged in the provision of Customer Financing and Asset Management, and operates Consolidated Stifel Branch System and Stifel Bank. Institutional Group segment includes research, equity and fixed income institutional sales and trading, investment banking, public finance, and syndicate. Other segment includes interest income from stock borrow activities, unallocated interest expense, interest income and gains and losses from investments held. The Company, through its subsidiary, Stifel, Nicolaus & Company, Incorporated (Stifel) offers retail and institutional brokerage and investment banking firm. The Company through other subsidiaries is engaged in independent contractor broker-dealing; broker-dealing; retail and commercial banking; trust business, and asset management.