Citizens Financial Group (NYSE:CFG) Price Target Raised to $79.00

Citizens Financial Group (NYSE:CFGGet Free Report) had its target price raised by equities researchers at Royal Bank Of Canada from $70.00 to $79.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an “outperform” rating on the bank’s stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 6.35% from the company’s previous close.

Several other equities research analysts also recently issued reports on CFG. Cantor Fitzgerald raised their price objective on shares of Citizens Financial Group from $75.00 to $80.00 and gave the stock an “overweight” rating in a research note on Wednesday. Stephens began coverage on shares of Citizens Financial Group in a report on Monday, June 15th. They set an “equal weight” rating on the stock. Morgan Stanley increased their target price on shares of Citizens Financial Group from $73.00 to $79.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Evercore restated an “outperform” rating and set a $80.00 price target on shares of Citizens Financial Group in a research note on Monday, July 6th. Finally, DA Davidson lifted their price objective on Citizens Financial Group from $73.00 to $74.00 and gave the stock a “buy” rating in a report on Monday, April 20th. Sixteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $75.90.

Check Out Our Latest Report on Citizens Financial Group

Citizens Financial Group Price Performance

NYSE CFG opened at $74.28 on Friday. Citizens Financial Group has a twelve month low of $45.90 and a twelve month high of $74.70. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.84 and a current ratio of 0.85. The stock has a market capitalization of $31.41 billion, a PE ratio of 17.56, a P/E/G ratio of 0.59 and a beta of 0.67. The stock has a 50-day simple moving average of $66.25 and a 200 day simple moving average of $63.53.

Citizens Financial Group (NYSE:CFGGet Free Report) last announced its earnings results on Thursday, July 16th. The bank reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.05. The firm had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. Citizens Financial Group had a return on equity of 8.31% and a net margin of 16.21%.The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.92 EPS. Research analysts anticipate that Citizens Financial Group will post 5.22 EPS for the current year.

Insider Buying and Selling at Citizens Financial Group

In related news, insider Michelle Moosally sold 6,050 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $62.16, for a total value of $376,068.00. Following the completion of the sale, the insider owned 22,565 shares of the company’s stock, valued at $1,402,640.40. This trade represents a 21.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.67% of the company’s stock.

Institutional Trading of Citizens Financial Group

Several institutional investors and hedge funds have recently made changes to their positions in the business. Elevation Wealth Partners LLC increased its stake in shares of Citizens Financial Group by 319.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 424 shares of the bank’s stock valued at $30,000 after acquiring an additional 323 shares during the last quarter. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Citizens Financial Group during the fourth quarter worth $26,000. Cedar Mountain Advisors LLC acquired a new stake in shares of Citizens Financial Group in the 1st quarter valued at about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Citizens Financial Group during the fourth quarter worth about $29,000. Finally, Activest Wealth Management lifted its stake in Citizens Financial Group by 5,600.0% in the 4th quarter. Activest Wealth Management now owns 513 shares of the bank’s stock valued at $30,000 after acquiring an additional 504 shares in the last quarter. Institutional investors own 94.90% of the company’s stock.

Key Stories Impacting Citizens Financial Group

Here are the key news stories impacting Citizens Financial Group this week:

  • Positive Sentiment: Citizens Financial reported Q2 2026 EPS of $1.30, topping estimates, while revenue of $2.28 billion also came in above forecasts; profit rose 35% year over year as net interest income and fee growth improved. Article link
  • Positive Sentiment: Management’s upbeat outlook and a raised net interest margin view helped reinforce confidence that earnings momentum can continue, supporting the stock’s upward move. Article link
  • Positive Sentiment: Analysts raised targets after the results, with Barclays increasing its price target to $81 and Cantor Fitzgerald lifting its target to $80, both reflecting stronger sentiment on CFG’s earnings outlook. Article link
  • Positive Sentiment: Robert W. Baird also raised its target to $75, and multiple reports noted increased analyst forecasts following the upbeat quarter. Article link
  • Neutral Sentiment: The company also declared a quarterly dividend of $0.46 per share, signaling continued capital returns to shareholders. Article link

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.

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Analyst Recommendations for Citizens Financial Group (NYSE:CFG)

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