Jefferies (JEF) Has a New Rating from KBW


Jefferies (NYSE: JEF) received a Buy rating and a $29 price target from KBW analyst Ann Dai today. The company’s shares closed yesterday at $23.48.

According to TipRanks.com, Dai is a 4-star analyst with an average return of 13.9% and a 64.6% success rate. Dai covers the Financial sector, focusing on stocks such as Piper Jaffray Companies, Raymond James Financial, and Evercore Partners Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jefferies with a $32 average price target.

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Jefferies’ market cap is currently $7.83B and has a P/E ratio of 265.61. The company has a Price to Book ratio of 0.74.

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Jefferies Financial Group, Inc. is a holding company. It engages in investment banking and capital markets; commercial mortgage banking, online foreign exchange trading services, real estate, vehicle finance, beef processing; manufacturing; exploration and development of oil and gas; automobile dealerships, insurance and consumer products, gold and silver mining project and asset management. The company operates through the following business segments: Jefferies, National Beef, and Corporate and Other. The Jefferies segment provide integrated securities and investment banking services. The National Beef segment processes and markets fresh boxed beef, case-ready beef, beef by-products and wet blue leather for domestic and international markets. The Corporate and Other segment includes other financial instruments. Jefferies Financial Group was founded in 1968 and is headquartered in New York, NY.

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