Raymond James Financial (NYSE:RJF) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Posted by Brenda Bartman on Oct 7th, 2026

Raymond James Financial (NYSE:RJF – Get Free Report) had its target price hoisted by equities research analysts at JPMorgan Chase & Co. from $179.00 to $185.00 in a research report issued to clients and investors on Monday, Benzinga reports. The brokerage currently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 15.97% from the stock’s current price.

RJF has been the topic of a number of other research reports. Wells Fargo & Company initiated coverage on shares of Raymond James Financial in a report on Friday, October 2nd. They issued an “equal weight” rating and a $172.00 target price on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Raymond James Financial in a research note on Monday, August 17th. Citizens Jmp boosted their price objective on Raymond James Financial from $200.00 to $205.00 and gave the stock a “market outperform” rating in a report on Thursday, July 23rd. TD Cowen lowered their price objective on Raymond James Financial from $161.00 to $160.00 and set a “hold” rating for the company in a research note on Tuesday, September 1st. Finally, Citigroup restated a “market outperform” rating on shares of Raymond James Financial in a report on Thursday, July 23rd. Five investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $181.08.

Read Our Latest Stock Report on RJF

Raymond James Financial Stock Performance

Shares of RJF stock opened at $159.53 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.03 and a debt-to-equity ratio of 0.43. The firm has a fifty day simple moving average of $172.07 and a two-hundred day simple moving average of $160.57. Raymond James Financial has a 12 month low of $138.82 and a 12 month high of $182.73. The firm has a market capitalization of $30.69 billion, a PE ratio of 13.91, a price-to-earnings-growth ratio of 0.91 and a beta of 0.94.

Raymond James Financial (NYSE:RJF – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $3.14 earnings per share for the quarter, beating analysts’ consensus estimates of $2.91 by $0.23. The firm had revenue of $3.93 billion for the quarter, compared to analyst estimates of $3.87 billion. Raymond James Financial had a net margin of 13.57% and a return on equity of 19.07%. The business’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same period last year, the firm earned $2.18 earnings per share. Analysts forecast that Raymond James Financial will post 12.13 EPS for the current fiscal year.

Insider Buying and Selling

In other Raymond James Financial news, insider Steven M. Raney sold 5,770 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $172.97, for a total value of $998,036.90. Following the completion of the sale, the insider owned 43,046 shares in the company, valued at approximately $7,445,666.62. This trade represents a 11.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Tashtego S. Elwyn sold 10,000 shares of Raymond James Financial stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $176.06, for a total transaction of $1,760,600.00. Following the transaction, the insider directly owned 45,114 shares in the company, valued at approximately $7,942,770.84. This represents a 18.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 23,270 shares of company stock worth $4,090,637. 0.58% of the stock is owned by insiders.

Institutional Trading of Raymond James Financial

A number of institutional investors and hedge funds have recently modified their holdings of RJF. BlackRock Inc. purchased a new position in Raymond James Financial in the second quarter worth $2,180,699,000. Primecap Management Co. CA purchased a new stake in shares of Raymond James Financial during the 2nd quarter valued at $1,405,145,000. State Street Corp increased its position in shares of Raymond James Financial by 0.4% during the 2nd quarter. State Street Corp now owns 7,889,824 shares of the financial services provider’s stock valued at $1,199,424,000 after purchasing an additional 35,294 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of Raymond James Financial by 0.8% during the 4th quarter. Victory Capital Management Inc. now owns 2,785,857 shares of the financial services provider’s stock worth $447,381,000 after purchasing an additional 21,856 shares during the period. Finally, Bank of America Corp DE bought a new stake in shares of Raymond James Financial during the 2nd quarter worth $360,592,000. 83.83% of the stock is owned by hedge funds and other institutional investors.

Raymond James Financial Company Profile

(Get Free Report)

Raymond James Financial, Inc is a diversified financial services company headquartered in St. Petersburg, Florida. Through its subsidiaries and affiliated advisors, the company provides wealth management, investment banking, capital markets, asset management, and banking services to individuals, corporations, institutions, and municipalities.

Its wealth management operations serve clients through employee advisors and independent financial advisors, offering investment planning, brokerage, retirement planning, insurance, and related advisory services.