Raymond James Financial Inc (RJF) Stock AnalysisRJFStock AnalysisRaymond 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 a good buy right now due to its current price of $179.36 being below the analyst price target of $196 from Argus, indicating a potential upside of about 9.2%. Additionally, the stock has a strong gross margin of 90.33% in the latest quarter, showcasing its profitability. However, a risk to consider is the significant insider selling, which has increased by 448.35% over the last month, indicating potential concerns from insiders about the company's future performance.

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