Analysts React as Raymond James Financial Stock Hits Target Price

Stocks React: Raymond James Financial's shares have recently surpassed the $170.71 target, suggesting positive momentum. Analysts may adjust future targets, which could signal shifts in investor sentiment.

Date: 24-01-2025

AI Rating: 6

Analyst Targets Impact on RJF Stock

Raymond James Financial, Inc. (RJF) has seen its shares exceed the average analyst target price of $170.71, trading at $171.55. This milestone prompts analysts to consider either downgrading their evaluations or raising their price targets. The average target reflects the collective insight of 14 analysts, illustrating a range of expectations, with the lowest target at $149.00 and the highest at $198.00. The standard deviation of $12.7 indicates variability in analysts' expectations.

Eight of the analysts have provided a strong buy rating, with the average analyst rating at 2.2, indicating a generally favorable outlook. Importantly, this average rating suggests that analysts prioritize RJF positions with a sentiment tilt towards buying rather than selling. In assessing the company's performance and evaluations, investors should contemplate if the stock price will continue advancing or if it has reached a point where profit-taking is warranted.

Stocks: RJF