why Jefferies Financial Group Inc [JEF] is a Good Choice for Investors After New Price Target of $68.75

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Jefferies Financial Group Inc [NYSE: JEF] stock went on a downward path that fall over -1.32% on Thursday, amounting to a one-week price decrease of less than -1.83%.

Over the last 12 months, JEF stock rose by 68.69%. The one-year Jefferies Financial Group Inc stock forecast points to a potential upside of 11.05. The average equity rating for JEF stock is currently 1.80, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $12.57 billion, with 210.63 million shares outstanding and 152.52 million shares in the current float. Compared to the average trading volume of 1.56M shares, JEF stock reached a trading volume of 3000456 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Jefferies Financial Group Inc [JEF]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JEF shares is $68.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JEF stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

UBS have made an estimate for Jefferies Financial Group Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 17, 2024. While these analysts kept the previous recommendation, Goldman raised their target price from $37 to $40. The new note on the price target was released on August 22, 2023, representing the official price target for Jefferies Financial Group Inc stock. Previously, the target price had yet another raise from $27 to $36, while Morgan Stanley kept a Equal-Weight rating on JEF stock. On April 12, 2023, analysts decreased their price target for JEF shares from 28 to 27.

The Average True Range (ATR) for Jefferies Financial Group Inc is set at 1.55, with the Price to Sales ratio for JEF stock in the period of the last 12 months amounting to 1.42. The Price to Book ratio for the last quarter was 1.25, with the Price to Cash per share for the same quarter was set at 58.10.

JEF Stock Performance Analysis:

Jefferies Financial Group Inc [JEF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.83. With this latest performance, JEF shares gained by 4.35% in over the last four-week period, additionally plugging by 32.56% over the last 6 months – not to mention a rise of 68.69% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JEF stock in for the last two-week period is set at 60.61, with the RSI for the last a single of trading hit 59.33, and the three-weeks RSI is set at 60.87 for Jefferies Financial Group Inc [JEF]. The present Moving Average for the last 50 days of trading for this stock 57.51, while it was recorded at 61.95 for the last single week of trading, and 47.11 for the last 200 days.

JEF Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JEF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Jefferies Financial Group Inc go to 18.00%.

Jefferies Financial Group Inc [JEF] Institutonal Ownership Details

There are presently around $68.74%, or 87.93%% of JEF stock, in the hands of institutional investors. The top three institutional holders of JEF stocks are: BLACKROCK INC. with ownership of 16.04 million shares, which is approximately 7.2904%. VANGUARD GROUP INC, holding 15.69 million shares of the stock with an approximate value of $$780.91 million in JEF stocks shares; and VANGUARD GROUP INC, currently with $$350.8 million in JEF stock with ownership which is approximately 3.2049%.

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