Citizens Financial Group Inc [CFG] Is Currently 1.44 below its 200 Period Moving Avg: What Does This Mean?

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Citizens Financial Group Inc [NYSE: CFG] gained 1.44% or 0.55 points to close at $38.85 with a heavy trading volume of 5223235 shares.

The daily chart for CFG points out that the company has recorded 23.14% gains over the past six months.

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If we look at the average trading volume of 5.34M shares, CFG reached to a volume of 5223235 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $44.56 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.

Raymond James have made an estimate for Citizens Financial Group Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on July 11, 2024. While these analysts kept the previous recommendation, Piper Sandler raised their target price from $35 to $41. The new note on the price target was released on April 26, 2024, representing the official price target for Citizens Financial Group Inc stock. Previously, the target price had yet another raise to $36, while Citigroup analysts kept a Buy rating on CFG stock. On January 02, 2024, analysts increased their price target for CFG shares from 38 to 40.

The Average True Range (ATR) for Citizens Financial Group Inc is set at 1.28, with the Price to Sales ratio for CFG stock in the period of the last 12 months amounting to 1.41. The Price to Book ratio for the last quarter was 0.81. Price to Free Cash Flow for CFG in the course of the last twelve months was 7.94.

Trading performance analysis for CFG stock

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 -10.07. With this latest performance, CFG shares gained by 9.28% in over the last four-week period, additionally plugging by 23.14% over the last 6 months – not to mention a rise of 24.32% 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 46.03, with the RSI for the last a single of trading hit 37.92, and the three-weeks RSI is set at 50.44 for Citizens Financial Group Inc [CFG]. The present Moving Average for the last 50 days of trading for this stock 37.19, while it was recorded at 39.95 for the last single week of trading, and 33.10 for the last 200 days.

Citizens Financial Group Inc [CFG]: A deeper dive into fundamental analysis

Citizens Financial Group Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.14.

Citizens Financial Group Inc [CFG]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Citizens Financial Group Inc posted 0.85/share EPS, while the average EPS was predicted by analysts to be reported at 0.9/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -5.60%. 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%.

An analysis of Institutional ownership at Citizens Financial Group Inc [CFG]

The top three institutional holders of CFG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in CFG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in CFG stock with ownership which is approximately 5.1238%.

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