Citizens Financial Group (CFG) : Traders are bullish on Citizens Financial Group (CFG) as it has outperformed the S&P 500 by a wide margin of 14.97% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.3%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.75% in the last 1 week, and is up 17.83% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Citizens Financial Group (NYSE:CFG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $22.95 and $22.86 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.39, notching a gain of 3.45% for the day. The total traded volume was 7,330,956 . The stock had closed at $22.61 on the previous day.
The stock has recorded a 20-day Moving Average of 9.02% and the 50-Day Moving Average is 8.98%. Citizens Financial Group, Inc. is up 6.46% in the last 3-month period. Year-to-Date the stock performance stands at -9.3%.
Citizens Financial Group (CFG) : 14 investment research analysts covering Citizens Financial Group (CFG) have an average price target of $26.11 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 $1.71 of the average price.
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).