Citizens Financial Group with ticker code (CFG) now have 20 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 57 and 38 calculating the average target price we see 47. Given that the stocks previous close was at 41.83 this now indicates there is a potential upside of 12.4%. The day 50 moving average is 40.2 and the 200 day moving average is 38.69. The company has a market capitalisation of $20,547m. Company Website: https://www.citizensbank.com
The potential market cap would be $23,086m 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 to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers deposit products, mortgage and home equity lending products, credit cards, business loans, wealth management, and investment services; and auto, education, and point-of-sale finance loans, as well as digital deposit products. This segment serves its customers through telephone service centers, as well as through its online and mobile platforms. The Commercial Banking segment provides various financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, and interest rate and commodity risk management solutions, as well as syndicated loans, corporate finance, mergers and acquisitions, and debt and equity capital markets services. This segment 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. It operates approximately 1,200 branches in 14 states and the District of Columbia; 114 retail and commercial non-branch offices in national markets; and approximately 3,300 automated teller machines. 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.
