Stifel (SF) Given Average Recommendation of “Buy” by Analysts
Shares of Stifel (NYSE:SF) have been assigned an average recommendation of “Buy” from the nine ratings firms that are presently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $76.33.
A number of brokerages have recently weighed in on SF. Zacks Investment Research lowered Stifel from a “buy” rating to a “hold” rating in a research note on Wednesday, April 4th. ValuEngine lowered Stifel from a “buy” rating to a “hold” rating in a research note on Friday, March 23rd. Nomura increased their target price on Stifel from $77.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, January 31st. Wells Fargo increased their target price on Stifel from $71.00 to $72.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. Finally, Goldman Sachs upgraded Stifel from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $56.00 to $77.00 in a research note on Monday, January 8th.
In other Stifel news, Vice Chairman Ben A. Plotkin sold 9,012 shares of the firm’s stock in a transaction on Monday, March 5th. The stock was sold at an average price of $63.30, for a total transaction of $570,459.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.60% of the stock is owned by company insiders.
Shares of SF traded down $0.32 during mid-day trading on Friday, reaching $58.85. The company’s stock had a trading volume of 215,385 shares, compared to its average volume of 405,382. Stifel has a 1-year low of $41.93 and a 1-year high of $68.76. The stock has a market cap of $4,228.43, a price-to-earnings ratio of 14.75 and a beta of 1.72. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.
Stifel (NYSE:SF) last released its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $1.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.92 by $0.55. The company had revenue of $804.10 million during the quarter, compared to analysts’ expectations of $745.44 million. Stifel had a return on equity of 12.04% and a net margin of 6.25%. The business’s revenue was up 21.6% on a year-over-year basis. During the same period last year, the firm posted $0.68 earnings per share. analysts expect that Stifel will post 5 earnings per share for the current year.
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Stifel Company Profile
Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States, the United Kingdom, and rest of Europe. The company operates through three segments: Global Wealth Management, Institutional Group, and Other.
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