From what 21 stock analysts predict, the share price for Citizens Financial Group Inc (CFG) might increase by 0.99% in the next year. This is based on a 12-month average estimation for CFG. Price targets go from $42.6 to $59. The majority of stock analysts believe CFG is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
CFG is a stock in Financial Services which has been forecasted to be worth $48.61667 as an average. On the higher end, the forecast price is $59 USD by Ryan Merkel from Goldman Sachs and on the lower end CFG is forecasted to be $42.6 by from .
These are the latest 20 analyst ratings of CFG.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Ryan Merkel Goldman Sachs | Buy | $59 | Maintains | Nov 26, 2024 |
Keith Horowitz Citigroup | Buy | $58 | Maintains | Nov 21, 2024 |
Gerard Cassidy RBC Capital | Outperform | $45 | Maintains | Oct 17, 2024 |
Jason Goldberg Barclays | Equal-Weight | $47 | Maintains | Oct 17, 2024 |
Peter Winter DA Davidson | Buy | $48 | Maintains | Oct 17, 2024 |
John Pancari Evercore ISI Group | In-Line | $46 | Maintains | Oct 2, 2024 |
David Konrad Keefe, Bruyette & Woods | Market Perform | $46 | Maintains | Sep 30, 2024 |
Betsy Graseck Morgan Stanley | Equal-Weight | $50 | Maintains | Aug 5, 2024 |
Scott Siefers Piper Sandler | Overweight | $48 | Maintains | Jul 26, 2024 |
Terry McEvoy Stephens & Co. | Overweight | $42 | Maintains | Jul 19, 2024 |
Gerard Cassidy RBC Capital | Outperform | $43 | Maintains | Jul 18, 2024 |
Peter Winter DA Davidson | Buy | $46 | Maintains | Jul 18, 2024 |
Betsy Graseck Morgan Stanley | Equal-Weight | $41 | Maintains | Jul 18, 2024 |
Ryan Merkel Goldman Sachs | Buy | $49 | Maintains | Jul 18, 2024 |
Erika Najarian UBS | Buy | $46 | Maintains | Jul 18, 2024 |
David Konrad Keefe, Bruyette & Woods | Market Perform | $40 | Maintains | Jul 9, 2024 |
Ken Usdin Jefferies | Hold | $37 | Maintains | Jul 3, 2024 |
John Pancari Evercore ISI Group | In-Line | $39 | Maintains | Jun 25, 2024 |
Betsy Graseck Morgan Stanley | Equal-Weight | $38 | Maintains | Jun 12, 2024 |
Vivek Juneja JP Morgan | Neutral | $36 | Maintains | May 1, 2024 |
When did it IPO
2014
Staff Count
17,329
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Bruce Winfield Van Saun
Market Cap
$21.22B
In 2023, CFG generated $8.22B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CFG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Citizens Bank has appointed Raman Muralidharan as Head of Mortgage, and promoted Adam Boyd to Head of Lending and Nuno Dos Santos to Head of Retail Banking to support growth and customer experience.
Why It Matters - Leadership changes at Citizens indicate a strategic focus on growth and customer experience, potentially improving the bank's competitive position and financial performance, which can impact stock value.
Summary - Citizens Financial Group (CFG) reported earnings 30 days ago; investors should monitor upcoming financial updates and market trends for potential stock movement.
Why It Matters - Upcoming analyst evaluations and market reactions to CFG's recent earnings will influence stock performance, impacting investor sentiment and potential price movements.
Summary - Citizens Financial Group, Inc. has lowered its prime lending rate to 7.75% from 8.00%, effective November 8, 2024. The company holds $219.7 billion in assets as of September 30, 2024.
Why It Matters - The reduction in Citizens Bank's prime lending rate signals lower borrowing costs, potentially boosting consumer spending and impacting banks' net interest margins, influencing CFG's stock performance.
Summary - Citizens Financial Group, Inc. will pay dividends on its preferred stock on January 6, 2025, with amounts of $19.854 and $20.243 per share for Series B preferred stock.
Why It Matters - The dividend announcement signals financial stability and profitability for Citizens Financial Group, enhancing investor confidence and potentially influencing stock prices.
Summary - Banks are advocating for relaxed capital requirements and may benefit from anticipated tax cuts, which could enhance their financial performance.
Why It Matters - Looser capital requirements can enhance banks' lending capacity and profitability, while tax cuts may further boost earnings, positively impacting stock performance and investor confidence.
Summary - Citizens Financial Group, Inc. (NYSE: CFG) will release 2026 quarterly results and host conference calls on April 16, July 16, October 16, and January 20, 2027. Details to follow.
Why It Matters - Citizens Financial Group's scheduled financial results and conference calls for 2026 signal transparency and ongoing communication, impacting investor confidence and stock performance.