Analyst Rating Update on Citizens Financial Group (CFG)

Citizens Financial Group (CFG) : The consensus on Citizens Financial Group (CFG) based on 14 analyst recommendation on the company stock is 1.61, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 9 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Citizens Financial Group (CFG) : 14 investment research analysts covering Citizens Financial Group (CFG) have an average price target of $26.04 for the near short term. The highest target price given by the Brokerage Firm to the stock is $28 and the lowest target is $23 for the short term. Analysts expect the variance to be within $1.78 of the average price.

For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Citizens Financial Group (NYSE:CFG). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm raises the price target from $24 per share to $26 per share. The rating by the firm was issued on June 6, 2016.


Citizens Financial Group (NYSE:CFG): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $22.07 and $22.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $22.46, notching a gain of 1.86% for the day. The total traded volume was 4,841,279 . The stock had closed at $22.05 on the previous day.

Citizens Financial Group, Inc. is a retail bank holding company in the United States. The Company offers a range of retail and commercial banking products and services to individuals, institutions and companies. The Company operates approximately 1,200 branches in an 11-state footprint across the New England, Mid-Atlantic and Midwest regions. The Company serves the financial needs of customers and prospects through its online, telephone and mobile banking platforms. It also maintains over 100 retail and commercial non-branch offices located both in the Companys banking footprint and in eleven other states and the District of Columbia. The Company operates in two segments: Consumer Banking and Commercial Banking. The Companys subsidiaries are Citizens Bank, N.A. (CBNA) and Citizens Bank of Pennsylvania (CBPA).

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