Raymond James Financial Inc (RJF) Stock AnalysisRJFRaymond James Financial Inc

Raymond James Financial, Inc. is a diversified financial services company that provides services to individuals, corporations and municipalities. The Company's segments include Private Client Group (PCG), Capital Markets, Asset Management, Bank and Other. PCG segment provides financial planning, investment advisory, and securities transaction services to clients through financial advisors. Capital Markets segment conducts investment banking, institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. Asset Management segment provides asset management, portfolio management and related administrative services to retail and institutional clients. Bank segment includes Raymond James Bank, a Florida-chartered state member bank, and TriState Capital Bank, a Pennsylvania-chartered state member bank. Other segment includes corporate cash balances and its private equity investments. It operates in the Financials sector (SECURITY BROKERS, DEALERS & FLOTATION COMPANIES industry).

Raymond James Financial Inc is currently a hold. The stock is priced at $157.70, with a forward P/E ratio of 11.35, indicating it may be undervalued compared to its earnings potential. However, recent insider selling has increased by 448.35%, which raises concerns about management's confidence in the stock's future performance. Additionally, the RSI is at 52.41, suggesting the stock is neither overbought nor oversold, indicating a wait-and-see approach is prudent.

7 analysts cover RJF: 3 rate it Buy, 4 Hold and 0 Sell. The average price target is 184.00.