Fed Governor Adriana Kugler to resign
In a remarkable display of market confidence, Jefferies Financial Group Inc. (JEF) stock has achieved an all-time high, with shares peaking at $82.07. With a market capitalization of $16.85 billion and analyst targets reaching as high as $97, InvestingPro data suggests the stock is currently fairly valued. This significant milestone underscores a period of robust growth for the company, which has seen an impressive 103.84% surge in its stock price over the past year. Investors have rallied behind JEF, buoyed by strong financial performance and positive market sentiment, propelling the stock to new heights and doubling its value in just twelve months. The company's 15-year track record of consistent dividend payments and strong financial health metrics further support this momentum. This exceptional year-over-year change reflects the company's successful strategies and the optimistic outlook of shareholders betting on its continued prosperity. Discover 13 additional key insights about JEF with InvestingPro.
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