Citizens Financial Group Inc (NYSE:CFG) shares traded 3.66% higher at $42.21 on Wall Street last session.
CFG stock price is now 3.33% away from the 50-day moving average and 19.14% away from the 200-day moving average. The market capitalization of the company currently stands at $18.92B.
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On April 26, 2024, Piper Sandler Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $35 to quote $41, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, Read Craig Jack, Controller sold 3,938 shares of the company’s stock on Jul 25 ’24. The stock was sold for $170,338 at an average price of $43.26. Upon completion of the transaction, the Controller now directly owns 33,620 shares in the company, valued at $1.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 19 ’24, Controller Read Craig Jack sold 6,327 shares of the business’s stock. A total of $213,220 was realized by selling the stock at an average price of $33.70. This leaves the insider owning 37,558 shares of the company worth $1.59 million. A total of 0.85% 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 $43.96. According to the stock market information, the enterprise value for the company is $22968762368, which is based on a 16.07 price-to-earnings ratio, a 18.91 price-to-earnings-growth ratio, and a beta of 1.33. The fifty day moving average price for CFG is $40.9612 and a two-hundred day moving average price translates $35.4982 for the stock.
The latest earnings results from Citizens Financial Group Inc (NYSE: CFG) was released for 2024-06-30. The net profit margin was 9.73% and return on equity was 5.67% for CFG. The company reported revenue of $2.58 billion for the quarter, compared to $2.53 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.74 percent.
