Citizens Financial Group Inc (NYSE:CFG) received a $39.00 price target from research analysts at Keefe, Bruyette & Woods in a report released on Saturday. The firm presently has a “buy” rating on the stock. Keefe, Bruyette & Woods’ price objective suggests a potential upside of 12.88% from the company’s previous close.
Other equities analysts also recently issued research reports about the company. Zacks Investment Research raised Citizens Financial Group from a “hold” rating to a “buy” rating and set a $38.00 price objective on the stock in a research report on Thursday, December 1st. Barclays PLC upped their price objective on Citizens Financial Group from $27.00 to $39.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 3rd. Oppenheimer Holdings Inc. reaffirmed a “hold” rating on shares of Citizens Financial Group in a research report on Sunday, January 22nd. Citigroup Inc reaffirmed a “hold” rating on shares of Citizens Financial Group in a research report on Sunday, January 22nd. Finally, Deutsche Bank AG upped their price objective on Citizens Financial Group from $27.00 to $34.00 and gave the company a “hold” rating in a research report on Wednesday, November 30th. Ten investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $32.82.
Citizens Financial Group (NYSE:CFG) traded down 0.95% during trading on Friday, hitting $34.55. The stock had a trading volume of 5,060,880 shares. The stock has a market capitalization of $17.59 billion, a PE ratio of 17.54 and a beta of 1.36. The stock’s 50-day moving average is $36.79 and its 200-day moving average is $32.46. Citizens Financial Group has a 52-week low of $18.34 and a 52-week high of $39.75.
Citizens Financial Group (NYSE:CFG) last released its earnings results on Friday, January 20th. The company reported $0.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.03. The firm had revenue of $1.36 billion for the quarter. Citizens Financial Group had a return on equity of 5.19% and a net margin of 18.13%. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.42 EPS. On average, analysts predict that Citizens Financial Group will post $2.29 earnings per share for the current fiscal year.
Several institutional investors have recently bought and sold shares of the company. Honeywell International Inc. purchased a new position in Citizens Financial Group during the fourth quarter worth about $23,571,000. Cambiar Investors LLC increased its position in Citizens Financial Group by 0.6% in the fourth quarter. Cambiar Investors LLC now owns 3,129,270 shares of the company’s stock worth $81,956,000 after buying an additional 19,744 shares during the last quarter. Numeric Investors LLC increased its position in Citizens Financial Group by 199.1% in the fourth quarter. Numeric Investors LLC now owns 2,765,800 shares of the company’s stock worth $72,436,000 after buying an additional 1,841,200 shares during the last quarter. Rothschild Capital Partners LLC purchased a new position in Citizens Financial Group during the fourth quarter worth about $6,921,000. Finally, Russell Frank Co increased its position in Citizens Financial Group by 27.6% in the fourth quarter. Russell Frank Co now owns 3,395,331 shares of the company’s stock worth $89,310,000 after buying an additional 733,709 shares during the last quarter. 97.12% of the stock is currently owned by institutional investors and hedge funds.
Citizens Financial Group Company Profile
Citizens Financial Group, Inc is a retail bank holding company. The Company operates through two segments: Consumer Banking and Commercial Banking. Its Consumer Banking serves retail customers and small businesses. Consumer Banking products and services include deposit products, mortgage and home equity lending, auto financing, student loans, personal unsecured lines and loans, credit cards, business loans, wealth management and investment services.