Citizens Financial Group (NYSE:CFG) Price Target Raised to $90.00

Citizens Financial Group (NYSE:CFG) had its price target raised by investment analysts at Keefe, Bruyette & Woods from $75.00 to $90.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the bank’s stock. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 22.80% from the stock’s previous close.

Several other research firms have also commented on CFG. UBS Group upped their price objective on Citizens Financial Group from $75.00 to $82.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Robert W. Baird lifted their target price on Citizens Financial Group from $72.00 to $75.00 and gave the company a “neutral” rating in a research report on Friday. Truist Financial boosted 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. Royal Bank Of Canada upped their price target on Citizens Financial Group from $70.00 to $79.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Jefferies Financial Group raised their price objective on Citizens Financial Group from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday. Sixteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $77.85.

Citizens Financial Group Stock Performance

Shares of NYSE:CFG traded down $1.11 during trading on Friday, hitting $73.29. The company’s stock had a trading volume of 930,308 shares, compared to its average volume of 4,966,950. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.85 and a quick ratio of 0.84. The firm has a market cap of $30.99 billion, a price-to-earnings ratio of 17.31, a P/E/G ratio of 0.59 and a beta of 0.67. The company has a 50-day moving average of $66.25 and a 200-day moving average of $63.53. Citizens Financial Group has a 12 month low of $45.90 and a 12 month high of $74.70.

Citizens Financial Group (NYSE:CFG) last announced its earnings results on Thursday, July 16th. The bank reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.05. Citizens Financial Group had a net margin of 16.21% and a return on equity of 8.31%. The company had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same period in the previous year, the business posted $0.92 earnings per share. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. On average, sell-side analysts expect that Citizens Financial Group will post 5.22 earnings per share for the current year.

Insider Activity at Citizens Financial Group

In other news, insider Michelle Moosally sold 6,050 shares of Citizens Financial Group stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $62.16, for a total value of $376,068.00. Following the completion of the transaction, the insider owned 22,565 shares in the company, valued at approximately $1,402,640.40. The trade was a 21.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.67% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Citizens Financial Group in the 4th quarter worth about $355,909,000. AQR Capital Management LLC grew its holdings in Citizens Financial Group by 56.9% during the 4th quarter. AQR Capital Management LLC now owns 7,722,559 shares of the bank’s stock valued at $451,075,000 after purchasing an additional 2,799,050 shares during the last quarter. Victory Capital Management Inc. raised its position in Citizens Financial Group by 89.4% in the 4th quarter. Victory Capital Management Inc. now owns 4,731,592 shares of the bank’s stock worth $276,372,000 after purchasing an additional 2,232,806 shares during the period. Amundi lifted its stake in Citizens Financial Group by 136.4% in the fourth quarter. Amundi now owns 3,513,388 shares of the bank’s stock worth $205,217,000 after purchasing an additional 2,027,255 shares during the last quarter. Finally, Capital International Investors lifted its stake in Citizens Financial Group by 32.3% in the fourth quarter. Capital International Investors now owns 8,000,750 shares of the bank’s stock worth $467,389,000 after purchasing an additional 1,953,372 shares during the last quarter. Institutional investors own 94.90% of the company’s stock.

Key Citizens Financial Group News

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

• Positive Sentiment: Citizens Financial reported Q2 2026 EPS of $1.30, topping estimates, while revenue of $2.28 billion also came in above forecasts; profit rose 35% year over year as net interest income and fee growth improved. Article link
• Positive Sentiment: Management’s upbeat outlook and a raised net interest margin view helped reinforce confidence that earnings momentum can continue, supporting the stock’s upward move. Article link
• Positive Sentiment: Analysts raised targets after the results, with Barclays increasing its price target to $81 and Cantor Fitzgerald lifting its target to $80, both reflecting stronger sentiment on CFG’s earnings outlook. Article link
• Positive Sentiment: Robert W. Baird also raised its target to $75, and multiple reports noted increased analyst forecasts following the upbeat quarter. Article link
• Neutral Sentiment: The company also declared a quarterly dividend of $0.46 per share, signaling continued capital returns to shareholders. Article link

Citizens Financial Group Company Profile

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.