Leadership Change: Raymond James Investment Management has appointed Jeff Ringdahl as President, effective January 5, 2025, who brings over 25 years of industry experience to drive growth strategies in the $118.5 billion asset management sector.
Strategic Direction: Ringdahl will oversee key initiatives and expansion opportunities, continuing to enhance and expand investment capabilities to meet client needs, thereby solidifying the company's position in the asset management industry.
Industry Background: Having previously served as President and COO at Summit Trail Advisors, Ringdahl's extensive knowledge of wealth and institutional markets boosts confidence in his leadership abilities, which is crucial for the firm's growth.
Future Outlook: With Raymond James Investment Management expanding its capabilities and investment vehicles over the past few years, Ringdahl's leadership is expected to lay the groundwork for the next phase of growth, focusing on sustainable risk-adjusted returns and alpha generation.
RJF
$162.83+Infinity%1D
Analyst Views on RJF
Wall Street analysts forecast RJF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RJF is 183.88 USD with a low forecast of 180.00 USD and a high forecast of 194.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
Wall Street analysts forecast RJF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RJF is 183.88 USD with a low forecast of 180.00 USD and a high forecast of 194.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
7 Hold
0 Sell
Hold
Current: 163.850
Low
180.00
Averages
183.88
High
194.00
Current: 163.850
Low
180.00
Averages
183.88
High
194.00
UBS
Neutral
initiated
$176
2025-12-11
New
Reason
UBS
Price Target
$176
2025-12-11
New
initiated
Neutral
Reason
UBS assumed coverage of Raymond James with a Neutral rating and $176 price target, noting strong sector fundamentals across 20 U.S. asset managers and brokers despite more mixed views on valuations and consensus expectations.The outlook favors undervalued growth, disciplined capital allocation, and firms positioned for margin expansion, while secular tailwinds support wealth brokers and independent investment banks whose robust earnings growth appears partly priced in, the analyst tells investors in a research note.
BofA
Neutral
maintain
$194 -> $196
2025-12-10
Reason
BofA
Price Target
$194 -> $196
2025-12-10
maintain
Neutral
Reason
BofA raised the firm's price target on Raymond James to $196 from $194 and keeps a Neutral rating on the shares. Looking ahead to 2026, the firm now favors the alternative asset managers to online brokers due to what it sees as a better valuation and positioning setup combined with a stronger macro backdrop, the analyst tells investors in a note on the brokers, asset managers and exchanges group.
BMO Capital
Brennan Hawken
Market Perform
maintain
$180 -> $182
2025-10-23
Reason
BMO Capital
Brennan Hawken
Price Target
$180 -> $182
2025-10-23
maintain
Market Perform
Reason
BMO Capital analyst Brennan Hawken raised the firm's price target on Raymond James to $182 from $180 and keeps a Market Perform rating on the shares. The company reported Q4 above the firm's estimate and consensus as transactional revenue and investment banking were both better than expected, with other transactional revenue driving the transactional revenue beat, the analyst tells investors in a research note.
TD Cowen
Hold
maintain
$175 -> $180
2025-10-23
Reason
TD Cowen
Price Target
$175 -> $180
2025-10-23
maintain
Hold
Reason
TD Cowen raised the firm's price target on Raymond James to $180 from $175 and keeps a Hold rating on the shares. The firm updated its model following its Q3 report where its "core" results met expectations.
About RJF
Raymond James Financial, Inc. is a diversified financial services company that provides services to individuals, corporations and municipalities. The Company's segments include Private Client Group (PCG), Capital Markets, Asset Management, Bank and Other. PCG segment provides financial planning, investment advisory, and securities transaction services to clients through financial advisors. Capital Markets segment conducts investment banking, institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. Asset Management segment provides asset management, portfolio management and related administrative services to retail and institutional clients. Bank segment includes Raymond James Bank, a Florida-chartered state member bank, and TriState Capital Bank, a Pennsylvania-chartered state member bank. Other segment includes corporate cash balances and its private equity investments.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
