Raymond James (RJF) Stock Forecast & Price Target

$114.88

+2.78 (+2.48%)

(As of 02/9/2024 08:56 PM ET)

Raymond James Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 8 Analyst Ratings

Analysts' Consensus Price Target

$119.25
3.80% Upside

High Forecast	$135.00
Average Forecast	$119.25
Low Forecast	$113.00

Type	Current Forecast 2/12/23 to 2/12/24	1 Month Ago 1/13/23 to 1/13/24	3 Months Ago 11/14/22 to 11/14/23	1 Year Ago 2/12/22 to 2/12/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)
Hold	6 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$119.25	$117.56	$118.67	$122.86
Predicted Upside	3.80% Upside	8.26% Upside	11.33% Upside	10.07% Upside

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RJF Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

RJF Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Raymond James Stock vs. The Competition

Type	Raymond James	Finance Companies	S&P 500
Consensus Rating Score	2.25	2.43	2.48
Consensus Rating	Hold	Hold	Hold
Predicted Upside	3.80% Upside	74.72% Upside	8.84% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
1/29/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$106.00 ➝ $113.00	+0.41%
1/25/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$116.00 ➝ $115.00	+1.01%
1/10/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Overweight	$110.00 ➝ $135.00	+21.92%
1/9/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$112.00 ➝ $117.00	+4.04%
1/4/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Market Perform	$121.00	+10.54%
1/3/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Neutral	$125.00 ➝ $116.00	+3.29%
9/22/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$120.00 ➝ $115.00	+12.30%
9/11/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$122.00	+14.74%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:59 AM ET.

RJF Price Target - Frequently Asked Questions

What is Raymond James's consensus rating and price target?: According to the issued ratings of 8 analysts in the last year, the consensus rating for Raymond James stock is Hold based on the current 6 hold ratings and 2 buy ratings for RJF. The average twelve-month price prediction for Raymond James is $119.25 with a high price target of $135.00 and a low price target of $113.00. Learn more on RJF's analyst rating history.
Do Wall Street analysts like Raymond James more than its competitors?: Analysts like Raymond James less than other Finance companies. The consensus rating score for Raymond James is 2.25 while the average consensus rating score for finance companies is 2.42. Learn more on how RJF compares to other companies.
Is Raymond James being upgraded by Wall Street analysts?: Over the previous 90 days, Raymond James's stock had 1 upgrade by analysts.

Does Raymond James's stock price have much upside?: According to analysts, Raymond James's stock has a predicted upside of 8.40% based on their 12-month stock forecasts.
What analysts cover Raymond James?: Raymond James has been rated by Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, TD Cowen, The Goldman Sachs Group, and UBS Group in the past 90 days.
Does Raymond James rate other companies?: Raymond James also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.

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This page (NYSE:RJF) was last updated on 2/12/2024 by MarketBeat.com Staff

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Raymond James (RJF) Stock Forecast & Price Target

Raymond James Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

RJF Analyst Ratings By Month

RJF Price Targets by Month

Raymond James Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

RJF Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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