Citizens Financial Group (NYSE:CFG) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Citizens Financial Group (NYSE:CFGGet Free Report) had its price target hoisted by equities research analysts at Keefe, Bruyette & Woods from $75.00 to $90.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the bank’s stock. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 24.41% from the stock’s current price.

Other analysts also recently issued reports about the stock. Weiss Ratings upgraded shares of Citizens Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 6th. Evercore reaffirmed an “outperform” rating and issued a $80.00 target price on shares of Citizens Financial Group in a report on Monday, July 6th. Citigroup lowered Citizens Financial Group from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. Truist Financial raised their price target on Citizens Financial Group from $69.00 to $72.00 and gave the company a “hold” rating in a report on Wednesday, June 24th. Finally, Barclays boosted their price objective on Citizens Financial Group from $77.00 to $81.00 and gave the company an “overweight” rating in a research report on Friday. Sixteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $77.85.

Check Out Our Latest Research Report on CFG

Citizens Financial Group Trading Down 2.8%

Citizens Financial Group stock opened at $72.34 on Friday. Citizens Financial Group has a 12-month low of $45.90 and a 12-month high of $74.70. The firm has a market capitalization of $30.59 billion, a price-to-earnings ratio of 15.69, a P/E/G ratio of 0.60 and a beta of 0.67. The firm has a 50 day moving average of $66.42 and a 200 day moving average of $63.59. The company has a current ratio of 0.86, a quick ratio of 0.84 and a debt-to-equity ratio of 0.63.

Citizens Financial Group (NYSE:CFGGet Free Report) last issued its quarterly earnings results on Thursday, July 16th. The bank reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.05. The business had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.25 billion. Citizens Financial Group had a net margin of 17.18% and a return on equity of 8.85%. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.92 earnings per share. As a group, research analysts predict that Citizens Financial Group will post 5.25 earnings per share for the current year.

Insider Buying and Selling

In other Citizens Financial Group news, insider Michelle Moosally sold 6,050 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $62.16, for a total transaction of $376,068.00. Following the completion of the transaction, the insider owned 22,565 shares of the company’s stock, valued at $1,402,640.40. This represents a 21.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.67% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Citizens Financial Group

A number of hedge funds have recently made changes to their positions in CFG. NewEdge Advisors LLC increased its stake in Citizens Financial Group by 2.4% in the 1st quarter. NewEdge Advisors LLC now owns 11,531 shares of the bank’s stock worth $472,000 after acquiring an additional 274 shares during the last quarter. Empowered Funds LLC increased its position in Citizens Financial Group by 6.7% in the first quarter. Empowered Funds LLC now owns 8,838 shares of the bank’s stock worth $362,000 after purchasing an additional 554 shares during the last quarter. Woodline Partners LP raised its stake in Citizens Financial Group by 39.5% during the first quarter. Woodline Partners LP now owns 36,932 shares of the bank’s stock valued at $1,513,000 after purchasing an additional 10,466 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Citizens Financial Group by 93.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 9,814 shares of the bank’s stock worth $439,000 after buying an additional 4,739 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its stake in shares of Citizens Financial Group by 5.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 65,564 shares of the bank’s stock worth $2,934,000 after buying an additional 3,225 shares in the last quarter. 94.90% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Citizens Financial Group

Here are the key news stories impacting Citizens Financial Group this week:

  • Positive Sentiment: Citizens Financial reported better-than-expected Q2 2026 results, with EPS of $1.30 versus $1.25 expected and revenue of $2.28 billion versus $2.25 billion expected, driven by stronger net interest income and fee growth. Reuters article
  • Positive Sentiment: The company said net income rose 35% year over year to $587 million and EPS increased 41% year over year, reinforcing momentum in profitability. Business Wire article
  • Positive Sentiment: Several analysts raised price targets after the earnings release, including Keefe, Bruyette & Woods to $90, RBC to $79, Barclays to $81, and Baird to $75, signaling improving Wall Street sentiment. Benzinga article
  • Positive Sentiment: Analysts also highlighted a raised net interest margin outlook and solid private bank growth, which may support expectations for continued earnings strength. Read More.
  • Positive Sentiment: The company declared a quarterly dividend of $0.46 per share, underscoring capital return to shareholders.

About Citizens Financial Group

(Get Free Report)

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.

Recommended Stories

Analyst Recommendations for Citizens Financial Group (NYSE:CFG)

Receive News & Ratings for Citizens Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citizens Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.