Citi has increased its price target for Citizens Financial (CFG) to $60, citing positive Q3 guidance. Analysts expect Citizens Financial Group Inc's (CFG) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The estimated GF Value for CFG in one year is $43.36, suggesting a downside of 10.75% from the current price of $48.58.
Citizens Financial Group (CFG) saw its stock price increase following a positive quarterly earnings report and a new price target from Citi. The investment bank raised its price target for CFG to $60, citing strong third-quarter guidance and a positive outlook for the bank's strategic initiatives [1].
Analysts remain optimistic about CFG's prospects. According to GuruFocus, the average brokerage recommendation is currently 2.0, indicating an "Outperform" status. This consensus is based on the recommendations from 22 brokerage firms. Additionally, the estimated GF Value for CFG in one year is $43.36, suggesting a potential downside of 10.75% from the current price of $48.58 [2].
The recent price target increase and positive analyst sentiment reflect confidence in CFG's ability to maintain strong financial performance and growth. The bank has been focusing on expanding its product offerings and technological innovations, which have contributed to its earnings beat in the second quarter of 2025.
References:
[1] https://za.investing.com/news/analyst-ratings/citizens-financial-group-stock-price-target-raised-by-truist-to-52-93CH-3797298
[2] https://www.gurufocus.com/news/2985421/citizens-financial-group-inc-cfg-shares-up-413-on-jul-17?mod=mw_quote_news&r=4bf001661e6fdd88d0cd7a5659ff9748
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