Citizens Financial Group Inc [NYSE: CFG] price plunged by -2.49 percent to reach at -$0.87.
The one-year CFG stock forecast points to a potential upside of 12.81. The average equity rating for CFG stock is currently 1.96, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $39.12 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 1.96. 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.
Piper Sandler have made an estimate for Citizens Financial Group Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 26, 2024. The new note on the price target was released on February 05, 2024, representing the official price target for Citizens Financial Group Inc stock. Previously, the target price had yet another raise from $38 to $40, while Barclays kept a Equal Weight rating on CFG stock.
The Average True Range (ATR) for Citizens Financial Group Inc is set at 0.90, 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 0.72. Price to Free Cash Flow for CFG in the course of the last twelve months was 5.81.
CFG Stock Performance Analysis:
Citizens Financial Group Inc [CFG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.46. With this latest performance, CFG shares dropped by -4.29% in over the last four-week period, additionally plugging by 49.15% over the last 6 months – not to mention a rise of 10.25% 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 49.10, with the RSI for the last a single of trading hit 46.57, and the three-weeks RSI is set at 50.60 for Citizens Financial Group Inc [CFG]. The present Moving Average for the last 50 days of trading for this stock 33.71, while it was recorded at 34.95 for the last single week of trading, and 30.23 for the last 200 days.
Insight into Citizens Financial Group Inc Fundamentals:
Citizens Financial Group Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.14.
CFG Stock EPS
With the latest financial reports released by the company, Citizens Financial Group Inc posted 0.92/share EPS, while the average EPS was predicted by analysts to be reported at 1.01/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -8.90%. 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] Institutonal Ownership Details
The top three institutional holders of CFG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in CFG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in CFG stock with ownership which is approximately 5.8386%.
