Market Analysts see Citizens Financial Group Inc [CFG] gaining to $40. Time to buy?

Citizens Financial Group Inc [NYSE: CFG] closed the trading session at $33.08. The company report on January 18, 2024 at 11:03 AM that Citizens Launches Seventh Annual Small Business Community Champion Award Contest.

Today Citizens announced it has opened its annual Small Business Community Champion Award Contest, which will again recognize the positive contributions small businesses make within their communities. Now in its seventh year, the contest will award $10,000 each to 30 small businesses across Citizens’ footprint, including 10 minority-owned and 10 women-owned businesses. This year, for the first time, Citizens will also set aside five of its 30 awards exclusively for veteran-owned businesses along with five other qualifying businesses. The contest is open until 5 p.m. ET on Feb. 1, 2024.

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Citizens created the Small Business Community Champion Award program as part of its ongoing commitment to strengthen local economies and communities. To date, the program has awarded more than $1.2 million, helping 112 small businesses to further expand their operations, offer valuable products and services to customers, and support community growth.

The stocks have a year to date performance of -0.18 percent and weekly performance of 6.03 percent. The stock has been moved at 2.92 percent over the last six months. The stock has performed 2.16 percent around the most recent 30 days and changed 39.23 percent over the most recent 3-months.

If compared to the average trading volume of 5.46M shares, CFG reached to a volume of 6249543 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Citizens Financial Group Inc [CFG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CFG shares is $36.95 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CFG stock is a recommendation set at 2.09. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Barclays have made an estimate for Citizens Financial Group Inc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on January 02, 2024.

The Average True Range (ATR) for Citizens Financial Group Inc is set at 0.95, with the Price to Sales ratio for CFG stock in the period of the last 12 months amounting to 1.26. The Price to Book ratio for the last quarter was 0.69. Price to Free Cash Flow for CFG in the course of the last twelve months was 4.72.

CFG stock trade performance evaluation

Citizens Financial Group Inc [CFG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.03. With this latest performance, CFG shares gained by 2.16% in over the last four-week period, additionally plugging by 2.92% over the last 6 months – not to mention a drop of -19.83% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CFG stock in for the last two-week period is set at 58.05, with the RSI for the last a single of trading hit 57.93, and the three-weeks RSI is set at 58.72 for Citizens Financial Group Inc [CFG]. The present Moving Average for the last 50 days of trading for this stock 30.38, while it was recorded at 32.43 for the last single week of trading, and 28.22 for the last 200 days.

Citizens Financial Group Inc [CFG]: An insightful look at the core fundamentals

Citizens Financial Group Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.13.

Earnings per share (EPS) analysis for Citizens Financial Group Inc [CFG] stock

With the latest financial reports released by the company, Citizens Financial Group Inc posted 1/share EPS, while the average EPS was predicted by analysts to be reported at 1.13/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -11.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CFG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Citizens Financial Group Inc go to 0.85%.

Citizens Financial Group Inc [CFG]: Institutional Ownership

The top three institutional holders of CFG stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in CFG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in CFG stock with ownership which is approximately 5.8325%.