Previous close | 11.32 |
Open | 11.39 |
Bid | 0.00 x 2200 |
Ask | 0.00 x 3100 |
Day's range | 11.33 - 11.46 |
52-week range | 7.79 - 12.46 |
Volume | |
Avg. volume | 1,224,083 |
Market cap | 74.913B |
Beta (5Y monthly) | 0.64 |
PE ratio (TTM) | 14.20 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.36 (3.12%) |
Ex-dividend date | 28 Sept 2023 |
1y target est | N/A |
Jefferies (JEF) furthers its strategic alliance with SMBC in the Canadian market to capitalize on enhanced M&A opportunities. With this move, the company seeks to gain a competitive edge in the Canada region.
The companies said on Thursday they have worked together on cross-border mergers and acquisitions, healthcare and leveraged finance since 2021. U.S. investment banks have been sharpening their focus on Canada, which offers a competitive advantage. Easing wage inflation and potential interest rate cuts in Canada are expected to boost mergers and acquisitions (M&A) in 2024, analysts have said.
LI, SMFG and KFY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 12, 2024.