In yesterday’s Wall Street session, Citizens Financial Group Inc (NYSE:CFG) shares traded at $42.45, down -0.49% from the previous session.
CFG stock price is now -5.20% away from the 50-day moving average and 8.02% away from the 200-day moving average. The market capitalization of the company currently stands at $18.71B.
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With the price target maintained at $55, Raymond James recently Upgraded its rating from Mkt Perform to Strong Buy for Citizens Financial Group Inc (NYSE: CFG). , while ‘Piper Sandler’ rates the stock as ‘Overweight’
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 0.86% of the company’s stock is owned by insiders.
During the past 12 months, Citizens Financial Group Inc has had a low of $30.24 and a high of $49.25. According to the stock market information, the enterprise value for the company is $23641737216, which is based on a 16.70 price-to-earnings ratio, a 2.04 price-to-earnings-growth ratio, and a beta of 1.35. The fifty day moving average price for CFG is $44.7596 and a two-hundred day moving average price translates $39.25355 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.
