Alert: Positive Investment/Fundamental Signals (11/15/24)-Raymond James Financial Inc. (NYSE: RJF)

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Recent meaningful positive changes in fundamentals have benefitted Raymond James Financial Inc. (NYSE: RJF): the consensus estimate for September, 2025 increased significantly, the stock’s power rating rose above 70, and the consensus estimate for September, 2026 increased significantly.

Important positive changes in Raymond James Financial Inc. (NYSE: RJF) investment behavior have recently occurred: positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Raymond James Financial has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Raymond James Financial has a neutral Appreciation Score of 58 but a good Power Rating of 73, with the Positive Value Trend Rating the result.

Recent Price Action

Raymond James Financial Inc. (NYSE: RJF) stock closed at $160.68 on 11/15/24 after a modest gain of 0.3%. However, trading volume in this advance was normal at 83% of normal. The stock has risen 2.7% during the last week and has been strong relative to the market over the last nine months.

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