Jefferies (NYSE:JEF) analyst Daniel Fannon maintained a Buy rating on StoneX Group on Tuesday, setting a price target of $78, which is approximately 23.57% above the present share price of $63.12.
Fannon expects StoneX Group to post earnings per share (EPS) of $1.00 for the second quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in StoneX Group, with an average price target of $78.
The analysts price targets range from a high of $78 to a low of $78.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $9.25 billion and a net profit of $39.4 million. The company's market cap is $1.24 billion.
According to TipRanks.com, Jefferies analyst Daniel Fannon is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.1% and a 74.11% success rate.
INTL FCStone, Inc. engages in the provision of brokerage and financial services. It operates through the following segments: Commercial Hedging, Global Payments (NYSE:GPN), Securities, Physical Commodities, and Clearing and Execution Services. The Commercial Hedging segment offers risk management consulting services. The Global Payments segment includes global payment solutions for banks, commercial businesses, charities, non-governmental, and government organizations. The Securities segment consists of corporate finance advisory services and capital market solutions for middle market clients. The Physical Commodities segment comprises physical precious metals trading; and physical agricultural and energy commodity businesses. The Clearing and Execution Services segment refers to the exchange-traded futures and options, foreign exchange prime brokerage, correspondent clearing, independent wealth management, and derivative voice brokerage. The company was founded by Diego J. Veitia in October 1987 and is headquartered in New York, NY.