UBS initiated coverage on Jefferies with a new price target
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UBS initiated coverage of Jefferies with a rating of Buy and set a new price target of $67.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/9/2024 | $67.00 → $97.00 | Equal-Weight → Overweight | Morgan Stanley |
| 9/17/2024 | $67.00 | Buy | UBS |
| 8/22/2023 | $37.00 → $40.00 | Neutral → Buy | Goldman |
| 7/12/2023 | $27.00 → $36.00 | Underweight → Equal-Weight | Morgan Stanley |
| 4/12/2023 | $28.00 → $27.00 | Equal-Weight → Underweight | Morgan Stanley |
| 1/11/2023 | $40.00 | Buy → Neutral | Goldman |
| 12/22/2022 | $38.00 → $37.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 9/6/2022 | $30.00 → $38.00 | Mkt Perform → Outperform | Keefe Bruyette |
424B5 - Jefferies Financial Group Inc. (0000096223) (Filer)
424B5 - Jefferies Financial Group Inc. (0000096223) (Filer)
424B5 - Jefferies Financial Group Inc. (0000096223) (Filer)
Jefferies announced today that it will hold a Global Trading Day on January 16, 2025, to raise funds for organizations supporting first responders and those impacted by the fires. Jefferies will donate 100% of net global commissions on January 16 for all trading in equities and fixed income by the Firm's clients. Jefferies will also make a $1 million donation and encourage its nearly 6,000 employees to personally support relief efforts. During the month following this Global Trading Day, contributions will be carefully allocated to qualified charities to ensure the proceeds go directly to support the people and communities most in need. Rich Handler, CEO, and Brian Friedman, President o
Quarterly Dividend Increased 14.3% to $0.40 Per Common Share Jefferies Financial Group Inc. (NYSE:JEF): Q4 Financial Highlights $ in thousands, except per share amounts Quarter End Year-to-Date 4Q24 4Q23 2024 2023 Net earnings attributable to common shareholders $ 205,746 $ 65,639 $ 669,273 $ 263,072 Diluted earnings per common share from continuing operations $ 0.91 $ 0.29 $ 2.96
Jefferies Financial Group Inc. (NYSE:JEF) today announced it will release its fourth-quarter and annual 2024 financial results on Wednesday, January 8, 2025 after market close. About Jefferies Jefferies (NYSE:JEF) is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, wealth, and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments. For more information: www.jefferies.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20241218227559/en/
4 - Jefferies Financial Group Inc. (0000096223) (Issuer)
4 - Jefferies Financial Group Inc. (0000096223) (Issuer)
4 - Jefferies Financial Group Inc. (0000096223) (Issuer)
Morgan Stanley upgraded Jefferies from Equal-Weight to Overweight and set a new price target of $97.00 from $67.00 previously
UBS initiated coverage of Jefferies with a rating of Buy and set a new price target of $67.00
Goldman upgraded Jefferies from Neutral to Buy and set a new price target of $40.00 from $37.00 previously
4/A - Jefferies Financial Group Inc. (0000096223) (Issuer)
SC 13D/A - Jefferies Financial Group Inc. (0000096223) (Filed by)
SC 13G/A - Jefferies Financial Group Inc. (0000096223) (Subject)
SC 13D/A - Jefferies Financial Group Inc. (0000096223) (Subject)
Jefferies announced today that it will hold a Global Trading Day on January 16, 2025, to raise funds for organizations supporting first responders and those impacted by the fires. Jefferies will donate 100% of net global commissions on January 16 for all trading in equities and fixed income by the Firm's clients. Jefferies will also make a $1 million donation and encourage its nearly 6,000 employees to personally support relief efforts. During the month following this Global Trading Day, contributions will be carefully allocated to qualified charities to ensure the proceeds go directly to support the people and communities most in need. Rich Handler, CEO, and Brian Friedman, President o
Jefferies Financial Group, Inc. (NYSE:JEF) ("Jefferies") today announced the appointment of the Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) ("SMFG") President and Group Chief Executive Officer, Toru Nakashima, to Jefferies' Board of Directors effective August 12, 2024. The appointment of Mr. Nakashima further strengthens the strategic alliance between Jefferies and the SMBC Group first announced in 2021 and then further expanded in 2023 and 2024. Consistent with agreements between Jefferies and Sumitomo Mitsui Banking Corporation ("SMBC"), SMBC intends to increase its economic ownership of Jefferies to up to 15% on an as-converted and fully diluted basis, and recently increased its
NEW YORK, Nov. 21, 2023 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE:OMF) ("OneMain"), the leader in offering nonprime customers responsible access to credit, and Jefferies Financial Group Inc. (NYSE:JEF) ("Jefferies") today announced they have reached a definitive agreement under which OneMain will acquire Foursight Capital LLC ("Foursight") from Jefferies for $115 million in cash. Founded in 2012, Foursight is an automobile finance company that purchases and services automobile retail installment contracts primarily made to near-prime borrowers across 38 states. Contracts are sourced through an extensive network of dealers. "Foursight is an attractive tuck-in acquisition giving us a seas
Quarterly Dividend Increased 14.3% to $0.40 Per Common Share Jefferies Financial Group Inc. (NYSE:JEF): Q4 Financial Highlights $ in thousands, except per share amounts Quarter End Year-to-Date 4Q24 4Q23 2024 2023 Net earnings attributable to common shareholders $ 205,746 $ 65,639 $ 669,273 $ 263,072 Diluted earnings per common share from continuing operations $ 0.91 $ 0.29 $ 2.96
Jefferies Financial Group Inc. (NYSE:JEF) today announced it will release its fourth-quarter and annual 2024 financial results on Wednesday, January 8, 2025 after market close. About Jefferies Jefferies (NYSE:JEF) is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, wealth, and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments. For more information: www.jefferies.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20241218227559/en/
Jefferies Financial Group Inc. (NYSE:JEF): Q3 Financial Highlights Net earnings attributable to common shareholders of $167 million, or $0.75 per diluted common share Pre-tax income from continuing operations of $253 million QTD and YTD annualized adjusted net earnings to shareholders on adjusted tangible shareholders' equity from continuing operations1 of 10.3% and 10.0%, respectively Net revenues of $1.68 billion Investment Banking net revenues of $949 million, including record quarterly advisory revenues of $592 million Capital Markets net revenues of $671 million Asset Management net revenues (before allocated net interest4) of $75 million At August 31, 2024, we had 2