Providing a diverse range of perspectives from bullish to bearish, 9 analysts have published ratings on Citizens Financial Group CFG in the last three months.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 1 | 5 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 2 | 0 | 0 |
| 2M Ago | 1 | 0 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $35.44, a high estimate of $40.00, and a low estimate of $31.00. This upward trend is apparent, with the current average reflecting a 4.24% increase from the previous average price target of $34.00.
Understanding Analyst Ratings: A Comprehensive Breakdown
A comprehensive examination of how financial experts perceive Citizens Financial Group is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Keith Horowitz | Citigroup | Announces | Buy | $36.00 | - |
| Erika Najarian | UBS | Raises | Buy | $38.00 | $37.00 |
| David Konrad | Keefe, Bruyette & Woods | Raises | Market Perform | $35.00 | $33.00 |
| 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 | - |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Citizens Financial Group. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Citizens Financial Group compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Citizens Financial Group's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of Citizens Financial Group's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using 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.
Citizens Financial Group: Delving into Financials
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Challenges: Citizens Financial Group's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -1.29%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: Citizens Financial Group's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 8.0%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Citizens Financial Group's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.74%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Citizens Financial Group's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.07%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Citizens Financial Group's debt-to-equity ratio surpasses industry norms, standing at 0.63. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Core of Analyst Ratings: What Every Investor Should Know
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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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