Citizens Financial Group Inc (CFG) stock on the rise: An overview

While Citizens Financial Group Inc has overperformed by 0.94%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CFG rose by 56.70%, with highs and lows ranging from $49.25 to $29.16, whereas the simple moving average jumped by 19.43% in the last 200 days.

On July 11, 2024, Raymond James started tracking Citizens Financial Group Inc (NYSE: CFG) recommending Mkt Perform. A report published by Piper Sandler on April 26, 2024, Upgraded its rating to ‘Overweight’ for CFG. Citigroup also Upgraded CFG shares as ‘Buy’, setting a target price of $36 on the company’s shares in a report dated February 05, 2024. Barclays January 02, 2024d the rating to Equal Weight on January 02, 2024, and set its price target from $38 to $40. Morgan Stanley December 04, 2023d its ‘Overweight’ rating to ‘Equal-Weight’ for CFG, as published in its report on December 04, 2023. Piper Sandler’s report from October 25, 2023 suggests a price prediction of $26 for CFG shares, giving the stock a ‘Neutral’ rating. Wolfe Research also rated the stock as ‘Peer Perform’.

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Analysis of Citizens Financial Group Inc (CFG)

The current dividend for CFG investors is set at $1.68 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -0.45%, showing a negative trend in the upcoming months.

There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Citizens Financial Group Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 5.43% is sufficient for you to turn a profit off your investment.

As an indicator of volatility for any stock, average volume can also be very valuable, and CFG is recording an average volume of 4.52M. On a monthly basis, the volatility of the stock is set at 2.09%, whereas on a weekly basis, it is put at 2.80%, with a loss of -0.85% over the past seven days. Furthermore, long-term investors anticipate a median target price of $50.38, showing growth from the present price of $46.40, which can serve as yet another indication of whether CFG is worth investing in or should be passed over.

How Do You Analyze Citizens Financial Group Inc Shares?

Citizens Financial Group Inc (CFG) is based in the USA and is one of the most prominent companies operating in the Banks – Regional market. When comparing Citizens Financial Group Inc shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 18.26, there is a growth in quarterly earnings of -9.93%.

Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.85%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 96.06% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

CFG shares are owned by institutional investors to the tune of 96.06% at present.

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