Wall Street Zen downgrades Jefferies Financial Group stock to Hold

Published on 10/20/2026 at 22:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached USD 2.22 billion on August 31, 2026. Jefferies Financial Group stock costs EUR 40.04 on October 20, 2026.

Analyst view and quarterly figures

Wall Street Zen cut its Jefferies rating from Buy to Hold on October 19, 2026.
Jefferies reported USD 2.22 billion in third-quarter net revenues for the period ended August 31, 2026.
Jefferies Financial Group stock costs EUR 40.04 at Lang & Schwarz on October 20, 2026 at 10:02 p.m. CEST.
MarketBeat cited a seven-analyst consensus target of USD 56.86 on October 19, 2026.

JEF, US47233W1099, Illustration mit AI erstellt.

Wall Street Zen downgraded Jefferies Financial Group from Buy to Hold in a note issued on October 19, 2026, according to MarketBeat. Jefferies reported USD 2.22 billion in third-quarter net revenues for the period ended August 31, 2026. The stock was trading at EUR 40.04 at Lang & Schwarz on October 20, 2026 at 10:02 p.m. CEST.

Quarterly revenue reached USD 2.22 billion

Yahoo Finance carried Jefferies' September 28, 2026 results release, which reported USD 2.22 billion in third-quarter net revenues and USD 261 million in net earnings attributable to common shareholders. Diluted earnings per voting common share were USD 1.08, while Investment Banking net revenues reached USD 1.33 billion. Advisory net revenues rose 25 percent from the prior-year quarter to USD 818 million, but Fixed Income net revenues fell 26 percent to USD 176 million.

NYSE valuation remains below the yearly high

On the NYSE, Jefferies was last at USD 45.03 on October 20, 2026 at 3:59 p.m. EDT. Its market capitalization was USD 8.5 billion, its price-to-earnings ratio was 12.01, and its 52-week range was USD 35.53 to USD 66.60. The latest price stood 32.39 percent below the 52-week high and 26.74 percent above the low.

Analyst targets and shareholder returns

MarketBeat reported a seven-analyst consensus Hold rating and an average target of USD 56.86 on October 19, 2026. That target lies 26.27 percent above the NYSE price of USD 45.03. The same report listed target changes from Morgan Stanley, Goldman Sachs, Oppenheimer and BMO Capital Markets dated September 29, 2026.

Jefferies operates across investment banking, capital markets, asset management and merchant banking. The latest quarterly figures show a split picture, with record investment banking activity alongside weaker fixed-income and asset-management revenue.

After-hours price at Lang & Schwarz

Jefferies Financial Group was trading at EUR 40.04 at Lang & Schwarz on October 20, 2026 at 10:02 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Jefferies Financial Group stock.