Brokerage Firm Rating Update on Citizens Financial Group (CFG)

Citizens Financial Group (CFG) has an average broker rating of 1.77, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Citizens Financial Group (CFG) : 11 Wall Street analysts covering Citizens Financial Group (CFG) believe that the average level the stock could reach for the short term is $25.73. The maximum price target given is $28 and the minimum target for short term is around $23, hence the standard deviation is calculated at $1.74.


For the current week, the company shares have a recommendation consensus of Buy. Also, Citigroup maintains its view on Citizens Financial Group (NYSE:CFG) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Citigroup raises the price target from $24 per share to $26 per share on Citizens Financial Group . The rating by the firm was issued on June 6, 2016.

Citizens Financial Group (NYSE:CFG): The stock opened at $24.24 and touched an intraday high of $24.6425 on Wednesday. During the day, the stock corrected to an intraday low of $24.15, however, the bulls stepped in and pushed the price higher to close in the green at $24.57 with a gain of 1.11% for the day. The total traded volume for the day was 3,645,353. The stock had closed at $24.3 in the previous trading session.

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).

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *