Analyst Ratings for Citizens Financial Group Inc. (CFG)Updated: 2017-07-28
Shares of Citizens Financial Group Inc. (NYSE:CFG) have received a consensus rating of Overweight from Wall Street analysts. CFG had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 11 analysts, 0 issued an overweight rating, 12 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.
CFG was given price targets by several analysts. The most optimistic analyst gave a price target of 44, implying potential capital gains of 25.93 percent. The most pessimistic price target was 33, implying a possible loss of -5.55 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.25 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 4.1 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 2.85 percent. If we look at the last 90 days instead, we find a net average change of 3.06 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 7 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 8 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
CFG has an estimated earnings growth rate of 7.29 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. CFG has a PEG ratio of 2.04.
CFG has a 52-week high of 39.75 and a 52-week low of 21.92. The current market price is above the trailing year's low by 59.4 percent, and 12.1 percent below the high. CFG has a P/E ratio of 14.87. Investors typically compare the P/E ratio to a company's peers in the industry. The CFG value stock report compares CFG to some of its peers using value stock charts. The market cap of CFG is $17.75 billion. CFG will post this quarters earnings in days, on 0000-00-00.