Credit Suisse analyst Craig Siegenthaler maintained a Hold rating on Raymond James Financial (NYSE: RJF) yesterday and set a price target of $110. The company’s shares closed yesterday at $92.34.
According to TipRanks.com, Siegenthaler is a 4-star analyst with an average return of 6.9% and a 61.1% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Janus Henderson Group plc, and Affiliated Managers.
Raymond James Financial has an analyst consensus of Strong Buy, with a price target consensus of $114.25.
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Based on Raymond James Financial’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $232 million. In comparison, last year the company had a net profit of $193 million.
Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is neutral on the stock. Last month, John C. Carson, the President of RJF sold 5,698 shares for a total of $527,977.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Raymond James Financial, Inc. is a holding company, which engages in the provision of financial and investment services. It operates through the following segments: Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other. The Private Client Group segment deals with financial planning and securities transaction services.
