Citizens Financial Group with ticker code (CFG) now have 19 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 70 and 50 with a mean TP of 60.58. Given that the stocks previous close was at 54.47 this is indicating there is a potential upside of 11.2%. The 50 day moving average now sits at 50.72 while the 200 day moving average is 47.59. The market capitalisation for the company is $22,652m. You can visit the company’s website by visiting: https://www.citizensbank.com
The potential market cap would be $25,193m based on the market concensus.
Citizens Financial Group operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services in the United States. The company operates in two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers traditional banking products and services, including checking and savings accounts, home and education loans, credit cards, business loans, mortgage and home equity lending, and unsecured product finance and personal loans, as well as wealth management and investment services to retail customers and small businesses. This segment also provides indirect auto finance for new and used vehicles through auto dealerships. The Commercial Banking segment offers various financial products and solutions, such as loans and leasing, trade finance, deposit and treasury management, cash management, and foreign exchange and interest rate risk management solutions; and loan syndications, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. It serves government banking, not-for-profit, healthcare, technology, professionals, oil and gas, asset finance, franchise finance, asset-based lending, commercial real estate, private equity, and sponsor finance industries. Citizens Financial Group operates approximately 2,700 ATMs and 1,000 branches in 11 states in the New England, Mid-Atlantic, and Midwest regions, as well as through online, telephone, and mobile banking services; and maintains approximately 130 retail and commercial non-branch offices. The company was formerly known as RBS Citizens Financial Group and changed its name to Citizens Financial Group in April 2014. Citizens Financial Group was founded in 1828 and is headquartered in Providence, Rhode Island.
