Barclays Reiterates a Hold Rating on Citizens Financial

By Jason Carr

In a report released today, Jason Goldberg from Barclays reiterated a Hold rating on Citizens Financial (NYSE: CFG), with a price target of $27. The company’s shares opened today at $26.94, close to its 52-week high of $27.30.

According to TipRanks.com, Goldberg is a 4-star analyst with an average return of 3.2% and a 59.1% success rate. Goldberg covers the Financial sector, focusing on stocks such as Discover Financial Services, Huntington Bancshares Inc., and Texas Capital Bancshares.

Citizens Financial has an analyst consensus of Moderate Buy, with a price target consensus of $27.20.

The company has a one year high of $27.30 and a one year low of $18.04. Currently, Citizens Financial has an average volume of 4.94M.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CFG in relation to earlier this year.

Citizens Financial Group, Inc. engages in the provision of commercial banking services. It operates through the Consumer Banking and Commercial Banking segments. The Consumer Banking segment includes deposit products, mortgage and home equity lending, student loans, auto financing, credit cards, business loans, and wealth management and investment services. The Commercial Banking segment offers lending and leasing, trade financing, deposit and treasury management, foreign exchange and interest rate risk management, corporate finance and debt, and equity capital markets. The company was founded in 1828 and is headquartered in Providence, RI.