Barclays Raises Citizens Financial Group (NYSE:CFG) Price Target to $81.00

by · The Markets Daily

Citizens Financial Group (NYSE:CFG – Get Free Report) had its target price raised by analysts at Barclays from $77.00 to $81.00 in a report released on Friday,Benzinga reports. The firm currently has an “overweight” rating on the bank’s stock. Barclays‘s price objective indicates a potential upside of 9.04% from the company’s current price.

Other research analysts have also recently issued reports about the company. UBS Group lifted their price objective on Citizens Financial Group from $75.00 to $82.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Jefferies Financial Group increased their target price on shares of Citizens Financial Group from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday. Truist Financial upped their price target on shares of Citizens Financial Group from $69.00 to $72.00 and gave the stock a “hold” rating in a research report on Wednesday, June 24th. Robert W. Baird increased their price objective on shares of Citizens Financial Group from $72.00 to $75.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Citigroup downgraded shares of Citizens Financial Group from a “buy” rating to a “hold” rating in a research report on Monday, July 6th. Sixteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $75.45.

Read Our Latest Stock Report on CFG

Citizens Financial Group Price Performance

Shares of Citizens Financial Group stock opened at $74.28 on Friday. The stock has a market cap of $31.41 billion, a P/E ratio of 17.56, a P/E/G ratio of 0.59 and a beta of 0.67. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.84 and a current ratio of 0.85. The stock’s fifty day moving average is $66.25 and its 200 day moving average is $63.53. Citizens Financial Group has a one year low of $45.90 and a one year high of $74.70.

Citizens Financial Group (NYSE:CFG – Get Free Report) last released its quarterly 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. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. Citizens Financial Group had a return on equity of 8.31% and a net margin of 16.21%.Citizens Financial Group’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.92 earnings per share. Sell-side analysts anticipate that Citizens Financial Group will post 5.22 earnings per share for the current year.

Insiders Place Their Bets

In other Citizens Financial Group news, insider Michelle Moosally sold 6,050 shares of the stock in a transaction that occurred on 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 sale, the insider directly owned 22,565 shares of the company’s stock, valued at $1,402,640.40. This trade represents a 21.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.67% of the stock is owned by insiders.

Hedge Funds Weigh In On Citizens Financial Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC grew its holdings in Citizens Financial Group by 5.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 504,595 shares of the bank’s stock valued at $29,968,000 after buying an additional 25,180 shares in the last quarter. Dynamic Advisor Solutions LLC bought a new stake in Citizens Financial Group in the 4th quarter worth approximately $2,412,000. Geode Capital Management LLC boosted its position in shares of Citizens Financial Group by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 11,361,142 shares of the bank’s stock valued at $661,052,000 after acquiring an additional 32,264 shares during the last quarter. Jupiter Asset Management Ltd. boosted its position in shares of Citizens Financial Group by 45.9% during the 4th quarter. Jupiter Asset Management Ltd. now owns 270,484 shares of the bank’s stock valued at $15,799,000 after acquiring an additional 85,052 shares during the last quarter. Finally, Todd Asset Management LLC grew its holdings in shares of Citizens Financial Group by 10.6% in the fourth quarter. Todd Asset Management LLC now owns 991,510 shares of the bank’s stock valued at $57,914,000 after purchasing an additional 94,774 shares in the last quarter. Institutional investors own 94.90% of the company’s stock.

Trending Headlines about Citizens Financial Group

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

  • Positive Sentiment: Citizens Financial Group posted stronger-than-expected Q2 2026 results, with EPS and revenue both beating Wall Street estimates and profit rising sharply year over year. Business Wire release
  • Positive Sentiment: The company said higher net interest income and fee income drove results, and it raised its NIM outlook, which could support earnings momentum going forward. Reuters article
  • Positive Sentiment: Analysts noted the quarter benefited from private bank growth and strong expense discipline, reinforcing the bullish reaction to the stock. Seeking Alpha article
  • Positive Sentiment: Citigroup Financial Group also announced a quarterly dividend of $0.46 per share, signaling continued shareholder returns. TipRanks article
  • Positive Sentiment: Coverage from analysts was supportive, including a higher price target from Cantor Fitzgerald and an overweight rating, which may be adding to the stock’s upside momentum.

Citizens Financial Group Company Profile

(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.

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