Citizens Financial Group (NYSE:CFG) Stock Gets Price Target Reduction from Cantor Fitzgerald

Citizens Financial Group (NYSE:CFG) had its target price cut by Cantor Fitzgerald from $84.00 to $78.00 in a report issued on Wednesday, Marketbeat reports. They currently have an overweight rating on the bank’s stock.

CFG has been the subject of a number of other reports. Stephens upped their target price on Citizens Financial Group from $68.00 to $70.00 and gave the company an “equal weight” rating in a research report on Friday, July 17th. Evercore restated an “outperform” rating and set a $78.00 price target on shares of Citizens Financial Group in a research note on Thursday, October 1st. Barclays lifted their price target on Citizens Financial Group from $77.00 to $81.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. DA Davidson reaffirmed a “neutral” rating on shares of Citizens Financial Group in a research report on Friday, August 14th. Finally, Argus set a $80.00 price objective on Citizens Financial Group in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Citizens Financial Group presently has an average rating of “Moderate Buy” and an average price target of $79.08.

Citizens Financial Group Stock Performance

NYSE CFG opened at $63.39 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.86 and a quick ratio of 0.85. Citizens Financial Group has a 1 year low of $48.31 and a 1 year high of $75.33. The company has a market capitalization of $26.70 billion, a PE ratio of 13.76, a P/E/G ratio of 0.58 and a beta of 0.72. The company has a fifty day moving average of $68.03 and a two-hundred day moving average of $67.04.

Citizens Financial Group (NYSE:CFG) last issued its quarterly earnings data on Friday, October 16th. The bank reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.02. Citizens Financial Group had a return on equity of 8.85% and a net margin of 17.18%. The company had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter last year, the company posted $1.05 earnings per share. As a group, analysts expect that Citizens Financial Group will post 5.29 earnings per share for the current year.

Insider Buying and Selling

In other Citizens Financial Group news, CEO Bruce Van Saun sold 129,369 shares of Citizens Financial Group stock in a transaction on Friday, July 24th. The shares were sold at an average price of $72.07, for a total value of $9,323,623.83. Following the transaction, the chief executive officer directly owned 1,140,763 shares in the company, valued at approximately $82,214,789.41. The trade was a 10.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.67% of the company’s stock.

Institutional Investors Weigh In On Citizens Financial Group

Hedge funds have recently made changes to their positions in the business. USA Financial Formulas acquired a new stake in Citizens Financial Group during the 3rd quarter worth approximately $429,000. Sterling Investment Management LLC purchased a new position in shares of Citizens Financial Group in the 3rd quarter valued at approximately $2,164,000. New England Research & Management Inc. grew its stake in shares of Citizens Financial Group by 69.6% in the 3rd quarter. New England Research & Management Inc. now owns 37,707 shares of the bank’s stock valued at $2,404,000 after purchasing an additional 15,475 shares during the last quarter. Vontobel Holding Ltd. increased its holdings in shares of Citizens Financial Group by 3,270.7% in the third quarter. Vontobel Holding Ltd. now owns 939,002 shares of the bank’s stock valued at $59,871,000 after purchasing an additional 911,144 shares during the period. Finally, Mosley Wealth Management acquired a new position in shares of Citizens Financial Group in the third quarter valued at approximately $37,000. Institutional investors and hedge funds own 94.90% of the company’s stock.

Citizens Financial Group News Summary

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

• Positive Sentiment: Third-quarter net income rose 29% year over year to $636 million, while EPS increased 34% year over year and 8% sequentially to $1.41. The result exceeded consensus estimates of $1.39 and was well above the $1.05 reported in the prior-year quarter. Citizens Financial Group Reports Third Quarter 2026 Results
• Positive Sentiment: Higher net interest income supported the earnings beat, and management highlighted improved credit quality. These trends suggest better core banking profitability and reduced near-term credit-loss pressure. CFG Stock Up as Q3 Earnings Top Estimates
• Positive Sentiment: Citizens increased its dividend by 13%, improving the stock’s income appeal and signaling confidence in capital generation and future earnings. CFG Stock Up as Q3 Earnings Top Estimates, Dividend Hiked
• Neutral Sentiment: The earnings call and company release provide additional detail on quarterly performance and management’s outlook, but investors are balancing strong profitability against uneven revenue trends. Citizens Financial Group Q3 2026 Earnings Call Transcript
• Negative Sentiment: Revenue missed expectations, primarily because capital-markets fees declined. The shortfall helps explain why the market response was less favorable than the EPS beat alone might suggest. Citizens Financial Q3 Earnings Beat, Revenue Misses
• Negative Sentiment: Cantor Fitzgerald issued a pessimistic forecast for CFG, adding an additional source of downside pressure despite the quarterly earnings beat. Cantor Fitzgerald Issues Pessimistic Forecast

About Citizens Financial Group

Citizens Financial Group, Inc is a bank holding company headquartered in Providence, Rhode Island. Its principal subsidiary, Citizens Bank, provides banking and financial services to individuals, families, businesses and institutions through branches, digital channels and other delivery platforms.

The company’s consumer banking activities include checking and savings accounts, residential mortgages, home equity lending, credit cards, personal loans and other lending products. Through its commercial banking operations, Citizens provides business loans, commercial real estate financing, treasury management, capital markets services and other solutions for companies and institutional clients.