Raymond James Financial (RJF) : Traders are bullish on Raymond James Financial (RJF) as it has outperformed the S&P 500 by a wide margin of 0.75% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.18%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.34% in the last 1 week, and is up 0.21% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.78% and the 50-Day Moving Average is 3.61%.The 200 Day SMA reached 14.2%
Raymond James Financial (NYSE:RJF): After opening at $57.17, the stock dipped to an intraday low of $56.9225 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $58.53 and the buying power remained strong till the end. The stock closed at $58.21 for the day, a gain of 2.75% for the day session. The total traded volume was 660,499. The stocks close on the previous trading day was $58.21.
Raymond James Financial (RJF) : Average target price received by Raymond James Financial (RJF) is $62.5 with an expected standard deviation of $4.95. The most aggressive target on the stock is $66, whereas the most downbeat target is $59. 2 financial analysts are currently covering the stock.
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.