Raymond James Financial, Inc. (RJF) has been significantly active in the financial market lately. The company's
stock has seen various performances that range from underperforming one day against competitors, to jumping 7% following impressive
financial results. The stock was also subjected to a price target increase of 10.40% to $136.48. Institutional investors including
CWA Asset Management Group LLC and
National Pension Service have increased their holdings in Raymond James. It was found that the company's stock has outperformed its underlying
earnings growth over the last five years, making it a
strong value stock. However, a warning was issued concerning a possible slowing S&P 500 momentum and its ramifications for RJF shares. The financial firm has continued to draw interest due to its consistent
growth and positive Q4 earnings, revenue estimates and projections. There's a rise in the asset growth by 19%, a jump in profit by 27%, and increased
revenue from investment banking. Nevertheless, high costs could impact Q4 earnings and
analysts have raised concerns about emerging risks.
Raymond James Financial RJF News Analytics from Fri, 26 Apr 2019 07:00:00 GMT to Sat, 09 Nov 2024 11:32:36 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -2
