Citizens Financial Group Price Target Trimmed to $77.08 as Analysts Maintain Buy Rating
Wall Street analysts slightly lowered their 12-month average price target for Citizens Financial Group, Inc. (CFG) from $77.58 to $77.08. Despite the minor reduction, the revised target suggests a potential gain of approximately 22% relative to the stock's October 16 closing level. Shares recently traded at $62.76, down 0.95% for the day.
The minor target reduction reflects updated estimates from 20 covering analysts, whose individual targets span from $70 to $87 per share. Overall analyst sentiment remains positive, with 22 covering analysts maintaining a consensus Buy rating. Out of these analysts, 19 rate the stock a Buy, 3 recommend Holding, and none suggest Selling.
Investors will monitor how upcoming economic developments and broader financial sector conditions impact future analyst revisions. Market participants will also watch whether the stock can make progress toward the consensus price target in the months ahead.
Key points
- The 12-month average price target for Citizens Financial Group, Inc. was trimmed to $77.08 from $77.58.
- Analyst price targets for the regional bank range between a low of $70 and a high of $87 per share.
- The updated price target implies approximately 22% upside from the stock's October 16 close.
- Consensus remains a Buy across 22 analysts, with 19 Buys, 3 Holds, and zero Sell ratings.
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How we writeDisclaimerQuestions and answers
What is the updated price target for Citizens Financial Group?
The average 12-month price target for Citizens Financial Group, Inc. was adjusted to $77.08 from $77.58, with individual analyst estimates ranging from $70 to $87 per share.
What is the consensus analyst rating for Citizens Financial Group stock?
The overall consensus rating remains Buy among 22 analysts, consisting of 19 Buy ratings, 3 Hold ratings, and no Sell recommendations.
How much upside does the new price target imply for CFG stock?
Based on the October 16 closing price, the $77.08 average target implies a potential upside of approximately 22%.