Citizens Financial Group (NYSE:CFG) Given New $79.00 Price Target at Morgan Stanley

Posted by George Bondi on Jun 29th, 2026

Citizens Financial Group (NYSE:CFG – Get Free Report) had its target price increased by analysts at Morgan Stanley from $73.00 to $79.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the bank’s stock. Morgan Stanley’s price objective indicates a potential upside of 12.37% from the stock’s current price.

A number of other brokerages also recently issued reports on CFG. JPMorgan Chase & Co. upped their price objective on Citizens Financial Group from $68.00 to $68.50 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Stephens initiated coverage on shares of Citizens Financial Group in a report on Monday, June 15th. They issued an “equal weight” rating on the stock. Robert W. Baird upgraded shares of Citizens Financial Group from a “neutral” rating to an “outperform” rating and set a $65.00 price target for the company in a research report on Monday, March 9th. Cantor Fitzgerald restated an “overweight” rating on shares of Citizens Financial Group in a report on Tuesday, June 9th. Finally, Royal Bank Of Canada lifted their price objective on shares of Citizens Financial Group from $67.00 to $70.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. Eighteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $71.64.

Get Our Latest Stock Report on CFG

Citizens Financial Group Stock Performance

Shares of NYSE CFG traded down $0.10 during midday trading on Monday, reaching $70.30. The company’s stock had a trading volume of 969,866 shares, compared to its average volume of 4,916,198. Citizens Financial Group has a 12-month low of $44.58 and a 12-month high of $71.21. The firm has a 50 day moving average price of $64.54 and a 200-day moving average price of $62.33. The stock has a market capitalization of $29.73 billion, a P/E ratio of 16.63, a PEG ratio of 0.56 and a beta of 0.68. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.85 and a quick ratio of 0.84.

Citizens Financial Group (NYSE:CFG – Get Free Report) last released its earnings results on Thursday, April 16th. The bank reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.03. The company had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.16 billion. Citizens Financial Group had a return on equity of 8.31% and a net margin of 16.21%.Citizens Financial Group’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.77 earnings per share. As a group, equities analysts predict that Citizens Financial Group will post 5.2 earnings per share for the current year.

Insider Transactions at Citizens Financial Group

In related news, insider Michelle Moosally sold 6,050 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $62.16, for a total value of $376,068.00. Following the sale, the insider directly owned 22,565 shares in the company, valued at approximately $1,402,640.40. The trade was a 21.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.67% of the company’s stock.

Hedge Funds Weigh In On Citizens Financial Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CFG. Capital World Investors lifted its stake in shares of Citizens Financial Group by 1.7% during the 3rd quarter. Capital World Investors now owns 37,289,711 shares of the bank’s stock valued at $1,982,532,000 after buying an additional 614,181 shares in the last quarter. Invesco Ltd. grew its stake in Citizens Financial Group by 1.7% in the 3rd quarter. Invesco Ltd. now owns 24,064,513 shares of the bank’s stock valued at $1,279,270,000 after buying an additional 393,158 shares in the last quarter. Geode Capital Management LLC raised its holdings in Citizens Financial Group by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 11,361,142 shares of the bank’s stock valued at $661,052,000 after acquiring an additional 32,264 shares during the period. Morgan Stanley lifted its position in shares of Citizens Financial Group by 2.7% during the fourth quarter. Morgan Stanley now owns 11,217,975 shares of the bank’s stock worth $655,242,000 after acquiring an additional 298,779 shares in the last quarter. Finally, Capital International Investors lifted its position in shares of Citizens Financial Group by 32.3% during the fourth quarter. Capital International Investors now owns 8,000,750 shares of the bank’s stock worth $467,389,000 after acquiring an additional 1,953,372 shares in the last quarter. Institutional investors own 94.90% of the company’s stock.

Citizens Financial Group Company Profile

(Get Free Report)

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.