Goldman Sachs analyst James Yaro maintains $Jefferies Financial (JEF.US)$ with a buy rating, and adjusts the target price from $81 to $86.
According to TipRanks data, the analyst has a success rate of 52.7% and a total average return of 7.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Jefferies Financial (JEF.US)$'s main analysts recently are as follows:
Jefferies Financial continues to be well positioned for market share gains, influenced by significant upgrades to the quality of its bankers over the past five years. The company is recognized for top-tier exposure and potential earnings benefits from an enhanced recovery in sponsor mergers and acquisitions, and equity capital markets.
For banks, the expectation going into 2025 appears well established with only minor adjustments made to earnings models and estimates. Analysts have projected what the financial landscape might look like in 2028, with banks likely aiming to maximize growth within the bounds of achieving a low-to-mid-teens return on tangible common equity. There is a general skepticism toward the notion that banks will experience a significantly 'lighter touch' in terms of regulatory and capital requirements in the foreseeable future. The analysts believe that while the banking group is deemed 'reasonably valued', there are still opportunities available within the sector.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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