Brokerage Firm Rating 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 Wall Street analysts covering Citizens Financial Group (CFG) believe that the average level the stock could reach for the short term is $26.11. The maximum price target given is $28 and the minimum target for short term is around $23, hence the standard deviation is calculated at $1.71.


For the current week, the company shares have a recommendation consensus of Buy. Citizens Financial Group (NYSE:CFG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.29 and $23.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.40, notching a gain of 0.65% for the day. The total traded volume was 3,690,978 . The stock had closed at $23.25 on the previous day.

In a related news, Subramaniam Shivan S., director of Citizens Financial Group Inc/Ri, executed a transaction worth $104,550 on March 8, 2016. A total of 5,000 shares were purchased at an average price of $20.91. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

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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