Raymond James Financial traded at $152.05 this Friday March 6th, decreasing $4.25 or 2.72 percent since the previous trading session. Looking back, over the last four weeks, Raymond James Financial lost 12.45 percent. Over the last 12 months, its price rose by 6.05 percent. Looking ahead, we forecast Raymond James Financial to be priced at 148.40 by the end of this quarter and at 135.19 in one year, according to Trading Economics global macro models projections and analysts expectations.
Raymond James Financial, Inc. is a financial holding company. The Company provides private client group, capital markets, asset management, banking and other services to individuals, corporations, and municipalities. The Company operates through five segments: Private Client Group (PCG), Capital Markets, Asset Management, Raymond James Bank, and Other. The PCG segment provides financial planning, investment advisory and securities transaction services. The Capital Markets segment conducts institutional sales, securities trading, equity research, investment banking and the syndication and management of investments that qualify for tax credits. The Asset Management segment provides asset management, portfolio management and related administrative services to retail and institutional clients. The Raymond James Bank segment provides various types of loans, including corporate loans (commercial and industrial (C&I), commercial real estate (CRE) and CRE construction), and tax-exempt loans.