In a report released yesterday, Mark McLaughlin CFA from Bank of America Securities maintained a Hold rating on Raymond James Financial, with a price target of $173.00. The company’s shares closed yesterday at $165.90.
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According to TipRanks, McLaughlin CFA is ranked #2936 out of 10012 analysts.
Raymond James Financial has an analyst consensus of Moderate Buy, with a price target consensus of $176.40, representing a 6.33% upside. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $184.00 price target.
Based on Raymond James Financial’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $3.84 billion and a net profit of $436 million. In comparison, last year the company earned a revenue of $3.71 billion and had a net profit of $492 million
Read More on RJF:
Disclaimer & DisclosureReport an Issue
- Raymond James price target raised to $184 from $176 at Morgan Stanley
- Raymond James Reports Record Client Assets in August
- Raymond James reports August client assets under administration $1.69T
- Raymond James Financial Amends Credit Agreement for Growth
- Raymond James price target raised to $180 from $170 at Citi
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