In yesterday’s Wall Street session, Citizens Financial Group Inc (NYSE:CFG) shares traded at $34.63, down -0.43% from the previous session.
CFG stock price is now -1.01% away from the 50-day moving average and 10.49% away from the 200-day moving average. The market capitalization of the company currently stands at $15.76B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target enhanced from $35 to $41, Piper Sandler Upgraded its rating from Neutral to Overweight for Citizens Financial Group Inc (NYSE: CFG). On February 05, 2024, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $36, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, Read Craig Jack, Controller sold 6,327 shares of the company’s stock on Apr 19 ’24. The stock was sold for $213,220 at an average price of $33.70. Upon completion of the transaction, the Controller now directly owns 37,558 shares in the company, valued at $1.3 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 05 ’24, Controller Read Craig Jack sold 4,508 shares of the business’s stock. A total of $151,198 was realized by selling the stock at an average price of $33.54. This leaves the insider owning 43,885 shares of the company worth $1.52 million. A total of 0.83% of the company’s stock is owned by insiders.
During the past 12 months, Citizens Financial Group Inc has had a low of $22.77 and a high of $37.30. According to the stock market information, the enterprise value for the company is $20829341696, which is based on a 12.51 price-to-earnings ratio, a 14.72 price-to-earnings-growth ratio, and a beta of 1.34. The fifty day moving average price for CFG is $35.0262 and a two-hundred day moving average price translates $31.3771 for the stock.
The latest earnings results from Citizens Financial Group Inc (NYSE: CFG) was released for 2024-03-31. The net profit margin was 10.47% and return on equity was 5.97% for CFG. The company reported revenue of $2.61 billion for the quarter, compared to $2.4 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.66 percent.
