Shares of Stifel Financial Corporation (NYSE:SF) traded at a new 52-week high today of $71.10. Approximately 72,000 shares have changed hands today, as compared to an average 30-day volume of 580,000 shares.
In the past 52 weeks, Stifel Financial Corporation share prices are bracketed by a low of $25.18 and a high of $71.10 and is now at $69.86, 177% above that low price.
Stifel Financial is a middle-market-focused investment bank that produces more than 90% of its revenue in the United States. Approximately 60% of the company’s net revenue is derived from its global wealth management division, which supports over 2,000 financial advisors, with the remainder coming from its institutional securities business. Stifel has a history of being an active acquirer of other financial service firms.
Stifel Financial Corporation (NYSE:SF) is currently priced 2.1% above its average consensus analyst price target of $68.39.
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