The stock of Citizens Financial Group Inc (NYSE:CFG) last traded at $46.03, down -4.72% from the previous session.
CFG stock price is now 10.46% away from the 50-day moving average and 23.72% away from the 200-day moving average. The market capitalization of the company currently stands at $20.29B.
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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, Citizens Bank, National Associ, 10% Owner bought 18,878 shares of the company’s stock on Nov 05 ’24. The stock was bought for $785,136 at an average price of $41.59. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 16 ’24, Former Officer Read Craig Jack bought 3,604 shares of the business’s stock. A total of $158,972 was incurred on buying the stock at an average price of $44.11. 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 $24.61 and a high of $48.35. According to the stock market information, the enterprise value for the company is $25219444736, which is based on a 18.11 price-to-earnings ratio, a 2.20 price-to-earnings-growth ratio, and a beta of 1.33. The fifty day moving average price for CFG is $41.605 and a two-hundred day moving average price translates $37.14335 for the stock.
The latest earnings results from Citizens Financial Group Inc (NYSE: CFG) was released for 2024-09-30. The net profit margin was 9.29% and return on equity was 5.43% for CFG. The company reported revenue of $2.54 billion for the quarter, compared to $2.6 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.16 percent.
