Wedbush covered Citizens Financial Group (NYSE:CFG), hiking its price target to $29.00 earlier today
- Updated: October 6, 2016
Yesterday Citizens Financial Group (NYSE:CFG) traded 0.47% higher at $25.69. CFG’s 50-day moving average is $24.38 and its 200-day moving average is $22.60. The last closing price is up 13.65% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 3,921,449 shares of the stock traded hands, down from an average trading volume of 5,428,320
Stating a potential upside of 0.13%, Wedbush increased the price target of Citizens Financial Group (NYSE:CFG) to $29.00
See Chart Below
Citizens Financial Group has a one year low of $18.04 and a one year high of $27.17 with a PE ratio of 15.21 Citizens Financial Group’s market capitalization is presently $0.
A total of 19 firms have reported on the stock. 6 equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, six analysts rating the company a hold, 0 brokers rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a consensus target price of $26.84.
About Citizens Financial Group (NYSE:CFG)
Citizens Financial Group, Inc. is a retail bank holding company in the United States. The Company offers a range of retail and commercial banking products and services to individuals, institutions and companies. The Company operates in two segments: Consumer Banking and Commercial Banking. The Company's Consumer Banking serves retail customers and small businesses. The Company offers traditional banking products and services, including checking, savings, home loans, student loans, credit cards, business loans and financial management services. Its subsidiaries are Citizens Bank, N.A. (CBNA) and Citizens Bank of Pennsylvania (CBPA). Its Commercial Banking offers financial products and solutions, including loans, leases, trade financing, deposits, cash management, commercial cards, foreign exchange, interest rate risk management, corporate finance and capital markets advisory capabilities.
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