Raymond James Financial Inc. (NYSE: RJF) has benefited from exceptional positive changes in investment behavior: the stock rose on very heavy volume, and its longer term price trend turned up.
Recent significant positive changes in fundamentals have benefitted Raymond James Financial Inc. (NYSE: RJF): significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, RJF is expected to continue to be an important Value Builder.
Raymond James Financial has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Raymond James Financial has a slightly positive Appreciation Score of 70 and a good Power Rating of 78, triggering the Highest Value Trend Rating.
Recent Price Action
On 12/14/23, Raymond James Financial Inc. (NYSE: RJF) stock enjoyed a large increase of 2.9%, closing at $110.88. Moreover, trading volume in this advance was exceptionally high at 226% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.5% during the last week.
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