Citizens Financial Group Inc (CFG) stock price forecast predicts $47 value

A share price of Citizens Financial Group Inc [CFG] is currently trading at $38.66, up 1.20%. An important factor to consider is whether the stock is rising or falling in short-term value. The CFG shares have gain 8.75% over the last week, with a monthly amount glided 9.95%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Piper Sandler upgraded its rating to Overweight on April 26, 2024, and elevated its price target to $41. On February 05, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $36 on the stock. Barclays downgraded its rating to a Equal Weight and increased its price target to $40 on January 02, 2024. Morgan Stanley downgraded its rating to a Equal-Weight but $31 remained the price target by the analyst firm on December 04, 2023. Piper Sandler downgraded its rating to Neutral for this stock on October 25, 2023, and downed its price target to $26. In a note dated October 23, 2023, Wolfe Research upgraded an Peer Perform rating on this stock.

Citizens Financial Group Inc experienced fluctuations in its stock price throughout the past year between $22.77 and $38.37. Currently, Wall Street analysts expect the stock to reach $47 within the next 12 months. Citizens Financial Group Inc [NYSE: CFG] shares were valued at $38.66 at the most recent close of the market. An investor can expect a potential return of 21.57% based on the average CFG price forecast.

Analyzing the CFG fundamentals

Trailing Twelve Months sales for Citizens Financial Group Inc [NYSE:CFG] were 12.48B which represents 9.44% growth. Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.06 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.58.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 38.28 points at the first support level, and at 37.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.10, and for the 2nd resistance point, it is at 39.54.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Citizens Financial Group Inc [NYSE:CFG] is 0.14. Considering the valuation of this stock, the price to sales ratio is 1.41, the price to book ratio is 0.82 and price to earnings (TTM) ratio is 13.97.

Transactions by insiders

Recent insider trading involved Read Craig Jack, Controller, that happened on Apr 19 ’24 when 6327.0 shares were sold. Controller, Read Craig Jack completed a deal on Mar 05 ’24 to sell 4508.0 shares. Meanwhile, Director Lillis Terrance bought 1000.0 shares on Oct 27 ’23.

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