Bank of America Forecasts Strong Price Appreciation for Citizens Financial Group (NYSE:CFG) Stock

Citizens Financial Group (NYSE:CFG) had its price target upped by investment analysts at Bank of America from $70.00 to $78.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the bank’s stock. Bank of America‘s price objective points to a potential upside of 24.52% from the stock’s previous close.

Several other equities research analysts have also recently commented on the company. New Street Research set a $73.00 price objective on Citizens Financial Group in a research report on Thursday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Citizens Financial Group in a report on Monday, December 29th. Keefe, Bruyette & Woods boosted their price objective on shares of Citizens Financial Group from $68.00 to $70.00 and gave the company an “outperform” rating in a report on Thursday. Truist Financial increased their price objective on shares of Citizens Financial Group from $56.00 to $63.00 and gave the company a “hold” rating in a research report on Monday, December 22nd. Finally, Barclays set a $77.00 target price on shares of Citizens Financial Group and gave the stock an “overweight” rating in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $66.91.

Citizens Financial Group Trading Down 2.5%

Shares of NYSE CFG opened at $62.64 on Thursday. The firm’s 50 day moving average price is $57.82 and its 200-day moving average price is $53.05. Citizens Financial Group has a 52-week low of $32.60 and a 52-week high of $65.88. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.84 and a current ratio of 0.85. The company has a market cap of $26.90 billion, a PE ratio of 16.19, a P/E/G ratio of 0.55 and a beta of 0.72.

Citizens Financial Group (NYSE:CFG) last announced its quarterly earnings data on Wednesday, January 21st. The bank reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.02. Citizens Financial Group had a net margin of 15.19% and a return on equity of 7.89%. The company had revenue of $2.16 billion during the quarter, compared to analyst estimates of $2.16 billion. During the same period in the previous year, the business earned $0.85 EPS. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, equities research analysts expect that Citizens Financial Group will post 3.92 EPS for the current fiscal year.

Hedge Funds Weigh In On Citizens Financial Group

Institutional investors have recently bought and sold shares of the stock. Ninety One UK Ltd bought a new stake in Citizens Financial Group during the third quarter valued at about $308,946,000. Norges Bank purchased a new position in shares of Citizens Financial Group during the 2nd quarter valued at about $253,423,000. HoldCo Asset Management LP bought a new position in shares of Citizens Financial Group during the 2nd quarter valued at approximately $93,361,000. Alyeska Investment Group L.P. bought a new position in shares of Citizens Financial Group during the 3rd quarter valued at approximately $87,173,000. Finally, Zurich Insurance Group Ltd FI raised its stake in Citizens Financial Group by 326.3% during the 3rd quarter. Zurich Insurance Group Ltd FI now owns 2,082,961 shares of the bank’s stock worth $110,730,000 after acquiring an additional 1,594,326 shares during the period. 94.90% of the stock is owned by institutional investors.

Key Citizens Financial Group News

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

• Positive Sentiment: Q4 results: CFG reported Q4 net income of $528M (up ~32% YoY) and EPS $1.13 (up ~36% YoY), beating expectations and showing revenue/fee strength that supports earnings momentum. Citizens Financial Group Reports Fourth Quarter 2025 Net Income
• Positive Sentiment: Higher fee income and NII drove the profit jump and helped push shares to recent highs — an operational beat that underpins the bank’s improving revenue mix. Citizens Financial profit jumps on higher fee income, shares hit all-time high
• Positive Sentiment: Dividend declared: CFG announced a $0.46 quarterly dividend (annualized yield ~2.9%), payable Feb. 18 to holders of record Feb. 4 — supports income-focused buyers.
• Positive Sentiment: Analyst upgrades/target increases: multiple firms raised targets and reiterated buy/outperform (Bank of America to $78; Argus to $72; DA Davidson to $73; KBW to $70), signaling renewed sell‑side confidence in earnings trajectory and upside potential. Argus price target raise Benzinga coverage of analyst moves
• Neutral Sentiment: Business outlook/depth pieces: coverage highlights strategic moves — private bank expansion and technology initiatives that shape longer‑term growth but are not immediate catalysts. CFG Q4 Deep Dive: Private Bank Expansion and Strategic Tech Initiatives Shape Outlook
• Neutral Sentiment: Investor resources: earnings-call transcript and analyst write‑ups provide detail for modeling future quarters; useful for verifying management commentary vs. sell‑side assumptions. Q4 2025 earnings call transcript Seeking Alpha analysis
• Neutral Sentiment: Market reaction note: CFG reached a new one‑year high on the earnings beat, which is context for today’s intraday moves. CFG Reaches New 1-Year High After Better-Than-Expected Earnings
• Negative Sentiment: Profit‑taking/technical pullback: after the strong run and multiple bullish analyst notes, some investors are locking in gains — this likely explains the downward price move despite fundamentally positive news.

About Citizens Financial Group

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.