Based on the provided data and current market conditions, here is the price prediction analysis for RJF stock:
Technical Analysis
The stock is currently trading at $153.02 in pre-market [Relevant Data], showing a significant decline from recent highs around $172 in late January 2025. The technical indicators suggest:
- RSI (14) at 29.77 indicates oversold conditions
- MACD is negative at -1.97 with bearish divergence
- Stock is trading below both 20-day SMA ($164.53) and 60-day SMA ($162.34)
Price Target Analysis
Based on recent analyst ratings and technical levels:
- Support levels: $147.83 (Fibonacci S2), $152.58 (Fibonacci S1)
- Resistance levels: $167.93 (Fibonacci R1), $172.68 (Fibonacci R2)
The consensus among analysts points to a price target range of $170-190 by end of 2025:
- JMP Securities raised target to $190 with "Buy" rating
- Wells Fargo maintains $176 target with "Hold" rating
- B of A Securities maintains $201 target with "Strong Buy" rating
Price Prediction
Based on technical analysis, fundamental factors, and analyst consensus, RJF stock is expected to reach $175-180 by end of 2025, representing ~15% upside from current levels. The prediction is supported by:
- Strong Q1 2025 earnings beat with EPS of $2.93 vs $2.69 expected
- Total client assets reaching $1.59 trillion
- Positive momentum in capital markets recovery and private client group performance