Citizens Financial Group, Inc. (NYSE:CFG): Going Behind the Curtain – Stock Rover


Zooming in on shares of Citizens Financial Group, Inc. (NYSE:CFG), we note that the average target price is presently $39.82. This is the consensus target based on projections provided by the covering analysts polled. Wall Street analysts have the ability to provide price target predictions for stocks that they cover.  Price target estimates can be calculated using various methods.  Many investors will track stock target prices, especially when analysts make changes to the projections. A good research report will generally give detailed reasoning for a specific target price estimate. Some investors may follow analyst targets very closely and use the information to complement their own stock research.

Investors are constantly trying to set themselves up for success when dealing with the stock market. This may mean tracking the market from a variety of alternate angles. Keeping tabs on the overall economic climate can help provide valuable insight. Taking a look at the bigger picture can help investors filter down and sort out issues at the sector and individual company level. Making sense of the seemingly endless amount of data can be quite a challenge for the investor. Once investors become familiar with the data, they can start to devise a plan to help use the information to their advantage. Even though thousands of investors will have access to the same set of data, learning how to trade the data can be extremely important. 

Checking in on stock price activity for Citizens Financial Group, Inc. (NYSE:CFG), we have recently seen shares trading near the $38.45 mark. Investors will often track the current stock price in relation to its 52-week high and low levels. The 52-week high is currently $39.59, and the 52-week low is presently $26.1. When the current stock price is trading close to either the 52-week high or 52-week low, investors may pay closer attention to see if there will be a breakthrough that level. Over the past 12 weeks, the stock has seen a change of 9.17%. Going back to the start of the calendar year, we can see that shares have moved 7.91%. Pulling the focus closer to the past 4 weeks, shares have seen a change of 3.72%. Over the past 5 trading days, the stock has moved 2.73%.

Taking a quick look at analyst opinions, we can see that the current average broker recommendation on shares of Citizens Financial Group, Inc. (NYSE:CFG) is presently 2.44. Out of the covering analysts polled by Zacks Research, 7 have put a Strong Buy or Buy rating on the stock. 

As earnings season comes into focus, investors will be closely tracking sell-side estimates. According to analysts polled by Zacks Research, the current quarter EPS consensus estimate is currently sitting at 0.67 for shares of Citizens Financial Group, Inc. (NYSE:CFG). The number consists of estimates provided by 9 contributing analysts. For the last reporting period, the company posted a quarterly EPS of 0.68. The consensus estimate for last quarter before the earnings report was 0.64. Looking out further to the next quarter EPS estimate, the consensus is currently resting at 0.64. This consensus estimate includes 5 analysts taken into consideration by Zacks. Shifting the focus to the current fiscal year EPS estimate, the number is currently 1.95. Widening the gaze to the next fiscal year, we can see that the consensus EPS estimate is presently 2.57.

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