Citizens Financial Group (NYSE:CFG) Stock Rating Upgraded by Raymond James Financial

Posted by Francis Steltz on Oct 8th, 2026

Citizens Financial Group (NYSE:CFG – Get Free Report) was upgraded by equities research analysts at Raymond James Financial to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks reports.

CFG has been the topic of a number of other reports. Barclays raised their price objective on shares of Citizens Financial Group from $77.00 to $81.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. Citigroup increased their price target on Citizens Financial Group from $78.00 to $84.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Stephens raised their price target on Citizens Financial Group from $68.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Friday, July 17th. Cantor Fitzgerald lifted their price objective on Citizens Financial Group from $80.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Finally, Argus set a $80.00 price objective on Citizens Financial Group in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Citizens Financial Group has a consensus rating of “Moderate Buy” and a consensus price target of $79.53.

Check Out Our Latest Stock Report on CFG

Citizens Financial Group Trading Down 1.7%

CFG stock opened at $63.02 on Tuesday. The company has a market cap of $26.54 billion, a P/E ratio of 13.67, a PEG ratio of 0.58 and a beta of 0.72. Citizens Financial Group has a twelve month low of $47.96 and a twelve month high of $75.33. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 0.63. The business has a fifty day moving average of $69.32 and a 200-day moving average of $66.85.

Citizens Financial Group (NYSE:CFG – Get Free Report) last issued its quarterly earnings results on Thursday, July 16th. The bank reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.05. Citizens Financial Group had a return on equity of 8.85% and a net margin of 17.18%.The business had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter in the prior year, the firm posted $0.92 earnings per share. The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. As a group, equities research analysts expect that Citizens Financial Group will post 5.29 EPS for the current year.

Insider Transactions at Citizens Financial Group

In other Citizens Financial Group news, CEO Bruce Van Saun sold 129,369 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $72.07, for a total transaction of $9,323,623.83. Following the sale, the chief executive officer directly owned 1,140,763 shares in the company, valued at approximately $82,214,789.41. This trade represents a 10.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.67% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CFG. Parallel Advisors LLC grew its position in shares of Citizens Financial Group by 2.9% in the fourth quarter. Parallel Advisors LLC now owns 6,078 shares of the bank’s stock valued at $355,000 after purchasing an additional 172 shares during the period. Cookson Peirce & Co. Inc. grew its holdings in Citizens Financial Group by 0.3% in the 2nd quarter. Cookson Peirce & Co. Inc. now owns 56,309 shares of the bank’s stock valued at $3,946,000 after buying an additional 174 shares during the period. Trustmark Bank Trust Department increased its stake in shares of Citizens Financial Group by 4.9% during the 2nd quarter. Trustmark Bank Trust Department now owns 4,278 shares of the bank’s stock valued at $300,000 after acquiring an additional 198 shares during the last quarter. GoalVest Advisory LLC lifted its holdings in shares of Citizens Financial Group by 29.9% during the 3rd quarter. GoalVest Advisory LLC now owns 883 shares of the bank’s stock worth $56,000 after acquiring an additional 203 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its position in shares of Citizens Financial Group by 0.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 64,323 shares of the bank’s stock worth $3,757,000 after acquiring an additional 220 shares during the last quarter. Institutional investors and hedge funds own 94.90% of the company’s stock.

Citizens Financial Group Company Profile

(Get Free Report)

Citizens Financial Group, Inc is a bank holding company headquartered in Providence, Rhode Island. Its principal subsidiary, Citizens Bank, provides banking and financial services to individuals, families, businesses and institutions through branches, digital channels and other delivery platforms.

The company’s consumer banking activities include checking and savings accounts, residential mortgages, home equity lending, credit cards, personal loans and other lending products. Through its commercial banking operations, Citizens provides business loans, commercial real estate financing, treasury management, capital markets services and other solutions for companies and institutional clients.