Citizens Financial Group (CFG) Receives Price Target

Citizens Financial Group (CFG) : The consensus price target for Citizens Financial Group (CFG) is $25.83 for the short term with a standard deviation of $1.7. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $28, however, the pessimist price target for the company is $23.

Citizens Financial Group (CFG) : 12 analysts are covering Citizens Financial Group (CFG) and their average rating on the stock is 1.71, which is read as a Buy. 7 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.


Also, Citigroup maintains its rating on Citizens Financial Group (NYSE:CFG). The global brokerage major raises the current price target from $24 per share to $26 per share. Analysts at the Citigroup have a current rating of Buy on the shares. The rating by the firm was issued on June 6, 2016.

Citizens Financial Group (NYSE:CFG): The stock opened at $24.86 on Thursday but the bulls could not build on the opening and the stock topped out at $24.96 for the day. The stock traded down to $24.30 during the day, due to lack of any buying support eventually closed down at $24.52 with a loss of -1.01% for the day. The stock had closed at $24.77 on the previous day. The total traded volume was 4,631,168 shares.

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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