Credit Suisse (SIX:CSGN) analyst Craig Siegenthaler maintained a Hold rating on Raymond James Financial (NYSE:RJF) on Monday, setting a price target of $135, which is approximately 1.12% above the present share price of $133.5.
Siegenthaler expects Raymond James Financial to post earnings per share (EPS) of $2.58 for the second quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Raymond James Financial, with an average price target of $149.
The analysts price targets range from a high of $190 to a low of $130.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $2.34 billion and a net profit of $0. The company's market cap is $18.35 billion.
According to TipRanks.com, Credit Suisse analyst Craig Siegenthaler is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.4% and a 66.56% success rate.
Raymond James Financial, Inc. is a holding company. The firm engages in the provision of financial and investment services. It operates through the following segments: Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other. The Private Client Group segment deals with financial planning and securities transaction services. The Capital Markets segment pertains to institutional sales, securities trading, equity research, and investment banking activities. The Asset Management segment offers investment advisory to individual and institutional portfolios. The RJ Bank segment includes corporate loans, mortgages, and loan syndications. The Other segment consists of principal capital and private equity operations. The company was founded by Robert A. James in 1962 and is headquartered in St. Petersburg, FL.