Oppenheimer Rates Jefferies Financial (JEF) buy, $87 Price Target

Oppenheimer Maintains Buy Rating

Oppenheimer has reiterated its buy rating on Jefferies Financial Group (NYSE: JEF) with a new price target of $87, up from a previous target of $76. Analyst Chris Kotowski made the announcement on June 12, 2026. The stock is currently trading at $59.66.

Analysts Set New Price Targets

Oppenheimer's updated price target reflects a positive outlook compared to other Wall Street analysts. On September 29, 2026, Oppenheimer maintained an outperform rating with a target of $71. Meanwhile, Goldman Sachs also maintained a buy rating but lowered its target to $57. Other firms, like Morgan Stanley and BMO Capital, have given equal-weight and market perform ratings with targets of $49 and $50, respectively. Overall, the consensus shows a mixed sentiment, but Oppenheimer's buy rating stands out.

How JEF Stock Has Traded

Jefferies shares have been performing well, currently trading at $59.66, which is above its 50-day moving average of $53.84. The stock has a 52-week range of $35.53 to $71.04, indicating that it is trading closer to the higher end of its recent price history. This level of performance could be a positive indicator for investors considering the firm's growth potential.

Recent Earnings

Jefferies reported revenue of approximately $8.34 billion, showing a growth rate of 35% year-over-year. The company has an EPS of $3.58 and a net margin of about 10.77%. The next earnings report is expected on September 28, 2026, which may provide further insights into its financial health and growth trajectory.

Insider Buying and Selling at Jefferies Financial Group Inc.

On May 1, 2026, Sumitomo Mitsui Financial Group bought 6.43 million shares of Jefferies at an average price of $54.83, totaling approximately $352.5 million. This transaction may suggest confidence in the company's future prospects, as insiders often have insights into the company's performance.

What JEF Does

Jefferies Financial Group Inc. is an investment banking and capital markets firm that provides a range of financial services including advisory for mergers and acquisitions, debt financing, and asset management. It serves a diverse client base, including public and private companies, institutional investors, and government entities.

What's Ahead for JEF

Investors will be watching Jefferies closely as it approaches its next earnings date on September 28, 2026. The reaffirmation of the buy rating by Oppenheimer adds to the anticipation surrounding the company's performance. Keep in mind that the latest ratings reflect positions as of the reporting date and may not represent current investor sentiments.