Finance

Long-Term Investment or Short-Term? Raymond James Financial, Inc. (NYSE:RJF)

Raymond James Financial, Inc. (NYSE:RJF), closed the last trading session at $98.76 with increase of $1.5 or 1.54 percent against the opening price of $97.26. The trading day volume of the company stands at 1.36 Million shares while the average trading volume of Raymond James Financial, Inc. (NYSE:RJF) is 769.4 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 139.71 Million.

The price target of Raymond James Financial, Inc. (NYSE:RJF) is currently set at 104.67 by the analysts. The stock is $1.04 Above its 1-Year High which is $97.74. RJF hit its 1-Year low price of $72.94. The company is currently rated by analyst who are keeping a close eye on the stock as 2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Raymond James Financial, Inc. (NYSE:RJF)

The value of the stock increased by 4.61% during the previous week performance. Looking at the 1 month performance of Raymond James Financial, Inc. (NYSE:RJF), the stock jumped 5.12%. While the 1 year performance shows a positive percentage of 20.72 and year to date performance stands at 10.4%.

Raymond James Financial, Inc. (NYSE:RJF) Analytical Review

The stock needs to grow about $5.91 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 5.38%, 7.58% and 15.52 percent respectively. The stock trades about 1.94 percent of its Float giving its total shares Outstanding are 139.71 Million. RJF gained about 34.72 percent in 6 months showing its Average True Range of 1.98. The company currently has a RSI and Beta of 66.42 and 1.48.

While talking about Raymond James Financial, Inc. (NYSE:RJF) valuation ratios, the stock trades with a P/S and P/B of 1.71 and 2.08 which is significantly better and attractive as compared to its peers.