From Barchart:
Citizens Financial Group was downgraded by StockNews.com from a “hold” rating to a “sell” rating. Several other equities analysts have also issued reports on the stock, including upgrades and downgrades of rating and price targets, leading to a current “Hold” rating and a consensus price target of $34.00.
Citizens Financial Group traded up $0.11 on Wednesday, reaching $33.64. The stock has a market capitalization of $15.68 billion, a P/E ratio of 8.37 and a beta of 1.41. The company last announced its earnings results on Wednesday, October 18th, reporting $0.85 earnings per share for the quarter.
Wellington Management Group LLP boosted its holdings in Citizens Financial Group by 217.5% during the third quarter. American Century Companies Inc., Modera Wealth Management LLC, and others have also made changes to their positions in CFG. Institutional investors own 92.67% of the company’s stock.
Citizens Financial Group, Inc operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services in the United States. The company operates in two segments, Consumer Banking and Commercial Banking.
Read more: Citizens Financial Group (NYSE:CFG) Rating Lowered to Sell at StockNews.com
