Citizens Financial Group (CFG) Receives ‘Analyst’ Rating

Citizens Financial Group (CFG) : 11 analysts are covering Citizens Financial Group (CFG) and their average rating on the stock is 1.77, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Citizens Financial Group (CFG) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Citizens Financial Group (CFG) : The consensus price target for Citizens Financial Group (CFG) is $25.73 for the short term with a standard deviation of $1.74. The most optimist securities analyst among the 11 who monitor the stock believes that the stock can reach $28, however, the pessimist price target for the company is $23.


Also, Equity Analysts at the Brokerage Firm, Credit Suisse, maintains their rating on the shares of Citizens Financial Group (NYSE:CFG). Credit Suisse has a Neutral rating on the shares. As per the latest research report, the brokerage house raises the price target to $26 per share from a prior target of $23. The rating by the firm was issued on September 8, 2016.

Citizens Financial Group (NYSE:CFG): After opening at $24.31, the stock dipped to an intraday low of $24.26 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $24.62 and the buying power remained strong till the end. The stock closed at $24.48 for the day, a gain of 0.33% for the day session. The total traded volume was 5,127,004. The stocks close on the previous trading day was $24.4.

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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