Several other analysts have also recently commented on the stock. Analysts at JMP Securities cut their price target on shares of Jefferies Group to $20.00 in a research note to investors on Thursday, May 31st. They now have an “outperform” rating on the stock. Separately, analysts at Susquehanna initiated coverage on shares of Jefferies Group in a research note to investors on Tuesday, April 17th. They set a “neutral” rating on the stock. Finally, analysts at Rochdale Securities upgraded shares of Jefferies Group from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, April 4th.
Jefferies Group traded up 2.86% on Monday, hitting $12.94. Jefferies Group has a 1-year low of $9.50 and a 1-year high of $21.64. The company has a market cap of $2.894 billion and a price-to-earnings ratio of 10.48.
Jefferies Group last released its earnings data on Tuesday, March 20th. The company reported $0.33 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.28 by $0.05. Jefferies Group’s revenue was up 2.2% compared to the same quarter last year. Analysts expect that Jefferies Group will post $0.28 EPS next quarter.
Jefferies Group, Inc. and its subsidiaries operate as securities and investment banking firm. The principal operating subsidiary of the Company is Jefferies & Company, Inc.