Raymond James Financial (RJF) has risen sharply, recording gains of 0.36% in the past 4 weeks. However, the stock has corrected -1.83% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.43% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.48% and the 50-Day Moving Average is 1.95%.The 200 Day SMA reached 10.14% Raymond James Financial, Inc. is up 8.74% in the last 3-month period. Year-to-Date the stock performance stands at -1.97%.
Raymond James Financial (RJF) : 2 investment research analysts covering Raymond James Financial (RJF) have an average price target of $62.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $66 and the lowest target is $59 for the short term. Analysts expect the variance to be within $4.95 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Raymond James Financial (NYSE:RJF): stock was range-bound between the intraday low of $56.25 and the intraday high of $56.95 after having opened at $56.86 on Fridays session. The stock finally closed in the red at $56.86, a loss of -1.81%. The stock remained in the red for the whole trading day. The total traded volume was 926,053 shares. The stock failed to cross $56.95 in Fridays trading. The stocks closing price on Thursday was $56.35.
Raymond James Financial, Inc., is a financial services company providing private client, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The Company operates in five reportable segments: Private Client Group; Capital Markets; Asset Management; RJ Bank, and the Other Segment. Private Client Group, offers securities transaction and financial planning services. Capital Markets, consist of equity, fixed income products and services. Asset Management, offers investment advisory services for individual and institutional investment portfolios, along with mutual funds. RJ Bank, provides corporate, SBL and residential loans, as well as FDIC insured deposit accounts, to clients of broker-dealer subsidiaries and to general public. Other Segment, includes principal capital and private equity activities, corporate overhead costs of Raymond James Financial such as interest cost on public debt, and the acquisition and integration costs.