Raymond James Financial, Inc. (NYSE:RJF) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 26, 2016
Zacks Investment Research has downgraded Raymond James Financial, Inc. (NYSE:RJF) to Hold in a statement released on 9/26/2016.
Having a price of $57.31, Raymond James Financial, Inc. (NYSE:RJF) traded -1.52% lower on the day. With the last stock price up 9.06% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. RJF has recorded a 50-day average of $56.96 and a two hundred day average of $52.39. Trade Volume was down over the average, with 143,079 shares of RJF changing hands under the typical 693,333
With a total market value of $0, Raymond James Financial, Inc. has price-earnings ratio of 17.06 with a one year low of $39.84 and a one year high of $59.81 .
More About Raymond James Financial, Inc. (NYSE:RJF)
Raymond James Financial, Inc., is a financial services company providing private client, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The Company operates in five reportable segments: Private Client Group; Capital Markets; Asset Management; RJ Bank, and the Other Segment. Private Client Group, offers securities transaction and financial planning services. Capital Markets, consist of equity, fixed income products and services. Asset Management, offers investment advisory services for individual and institutional investment portfolios, along with mutual funds. RJ Bank, provides corporate, SBL and residential loans, as well as FDIC insured deposit accounts, to clients of broker-dealer subsidiaries and to general public. Other Segment, includes principal capital and private equity activities, corporate overhead costs of Raymond James Financial such as interest cost on public debt, and the acquisition and integration costs.
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