In the last three months, 7 analysts have published ratings on Citizens Financial Group CFG, offering a diverse range of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 1 | 5 | 0 | 0 |
| Last 30D | 0 | 1 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 0 | 0 |
| 2M Ago | 1 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts have recently evaluated Citizens Financial Group and provided 12-month price targets. The average target is $33.71, accompanied by a high estimate of $40.00 and a low estimate of $26.00. Observing a 2.68% increase, the current average has risen from the previous average price target of $32.83.
Exploring Analyst Ratings: An In-Depth Overview
A clear picture of Citizens Financial Group's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Gerard Cassidy | RBC Capital | Raises | Outperform | $35.00 | $33.00 |
| David Chiaverini | Wedbush | Lowers | Neutral | $35.00 | $36.00 |
| Jason Goldberg | Barclays | Raises | Equal-Weight | $40.00 | $38.00 |
| Keith Horowitz | Citigroup | Raises | Neutral | $34.00 | $30.00 |
| Ryan Merkel | Goldman Sachs | Raises | Buy | $35.00 | $31.00 |
| Betsy Graseck | Morgan Stanley | Announces | Equal-Weight | $31.00 | - |
| Scott Siefers | Piper Sandler | Lowers | Neutral | $26.00 | $29.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Citizens Financial Group. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Citizens Financial Group compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Citizens Financial Group's stock. This analysis reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Citizens Financial Group's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Citizens Financial Group analyst ratings.
Get to Know Citizens Financial Group Better
Citizens Financial Group is a bank holding company headquartered in Providence, Rhode Island. Its two primary business segments are consumer banking and commercial banking. Citizens offers a mix of retail and commercial products including capital markets and wealth options. The bank has over 1,000 branches in 14 states, although it is primarily concentrated in the Northeast. It has over $220 billion of total assets.
Unraveling the Financial Story of Citizens Financial Group
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Decline in Revenue: Over the 3 months period, Citizens Financial Group faced challenges, resulting in a decline of approximately -7.49% in revenue growth as of 30 September, 2023. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 19.86%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 1.89%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Citizens Financial Group's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.18%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.84, caution is advised due to increased financial risk.
The Significance of Analyst Ratings Explained
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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