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Analysts ‘Neutral’ to ‘Positive’ on Raymond James Financial

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Analyst ratings

Raymond James Financial’s (RJF) performance expectations in 2018 are reflected in analysts’ ratings. Analysts have given RJF a mean price target of $109.14, implying a 15.7% rise from its current level of $94.30. It has a market capitalization of $13.7 billion.

As of February 2018, three of the eight analysts covering the stock have given it a “buy” or “strong buy” rating. Four analysts have given it a “hold” rating, and one has given it a “sell.” Compared to December 2017, the “strong buy” and “buy” ratings have been constant.

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Ratings for RJF’s peers

Among Raymond James Financials’ peers, Financial Engines (FNGN) has a “buy” or “strong buy” rating from three of six analysts and a “hold” rating from two. It has a “sell” rating from the remaining one analyst. The target price for FNGN is $37.25, while its current price is $28.20.

Thirteen of the 20 analysts covering Charles Schwab (SCHW) have given it a “buy” or “strong buy” rating, and seven analysts have given it a “hold.” The target price for SCHW is $61.13 compared to its current level of $53.34.

Ten of the 19 analysts covering TD Ameritrade (AMTD) have given it a “buy” or “strong buy” rating, while the remaining eight have given it a “hold.” The target price for AMTD is $64.06 compared to its current level $56.28.

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