Raymond James (RJF) Stock Forecast & Price Target

$116.68

-1.33 (-1.13%)

(As of 07/26/2024 ET)

Raymond James - Analysts' Recommendations 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.

Consensus Rating

Hold
Based on 11 Analyst Ratings

Based on 11 Wall Street analysts who have issued ratings for Raymond James in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 9 have given a hold rating, and 2 have given a buy rating for RJF.

Consensus Price Target

$129.89
11.32% Upside

High Forecast	$141.00
Average Forecast	$129.89
Low Forecast	$116.00

According to the 11 analysts' twelve-month price targets for Raymond James, the average price target is $129.89. The highest price target for RJF is $141.00, while the lowest price target for RJF is $116.00. The average price target represents a forecasted upside of 11.32% from the current price of $116.68.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
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)	2 Buy rating(s)	2 Buy rating(s)
Hold	9 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$129.89	$126.22	$126.22	$117.71
Forecasted Upside	11.32% Upside	6.98% Upside	6.98% Upside	8.71% Upside

Get Raymond James Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for RJF and its competitors with MarketBeat's FREE daily newsletter.

Ad MarketBeat

We just added a $300 account credit to your MarketBeat subscription

MarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.

Start Your Risk-Free Trial Here

RJF Analyst Recommendations 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	2.18	2.45	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	9.52% Upside	36.96% Upside	8.98% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/25/2024	JPMorgan Chase & Co. 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$137.00 ➝ $135.00	+16.84%
7/9/2024	UBS Group 4 of 5 stars		Lower Target	Neutral ➝ Neutral	$138.00 ➝ $135.00	+13.76%
7/8/2024	Jefferies Financial Group 2 of 5 stars		Boost Target	Hold ➝ Hold	$122.00 ➝ $123.00	+4.25%
7/8/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$130.00 ➝ $133.00	+12.26%
7/8/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Chubak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Peer Perform
4/25/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$145.00 ➝ $141.00	+18.44%
Get the Latest News and Ratings for RJF and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Raymond James and its competitors with MarketBeat's FREE daily newsletter.
4/25/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$132.00 ➝ $131.00	+10.55%
4/11/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$112.00 ➝ $132.00	+5.14%
4/9/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform
4/9/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$113.00 ➝ $123.00	-4.17%
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%
1/26/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$119.00 ➝ $116.00	-1.79%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:52 PM ET.

RJF Forecast - Frequently Asked Questions

What is Raymond James' forecast for 2024?: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Raymond James is $129.89, with a high forecast of $141.00 and a low forecast of $116.00.
Should I buy or sell Raymond James stock right now?: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Raymond James in the last year. There are currently 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RJF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RJF, but not buy additional shares or sell existing shares.
Does Raymond James's stock price have much upside?: According to analysts, Raymond James's stock has a predicted upside of 8.80% based on their 12-month stock forecasts.
What analysts cover Raymond James?: Raymond James has been rated by research analysts at Jefferies Financial Group, JPMorgan Chase & Co., TD Cowen, UBS Group, and Wolfe Research 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.
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 2.18 while the average consensus rating score for "finance" companies is 2.44. Learn more on how RJF compares to other companies.