In a report released today, Marty Mosby from Vining Sparks maintained a Buy rating on Citizens Financial (NYSE: CFG), with a price target of $53. The company’s shares opened today at $39.10.
According to TipRanks.com, Mosby is a top 100 analyst with an average return of 15.8% and a 73.7% success rate. Mosby covers the Financial sector, focusing on stocks such as Huntington Bancshares Inc, Goldman Sachs Group Inc, and Fifth Third Bancorp.
Currently, the analyst consensus on Citizens Financial is a Strong Buy with an average price target of $49.
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Based on Citizens Financial’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.76 billion and net profit of $425 million. In comparison, last year the company earned revenue of $1.63 billion and had a net profit of $348 million.
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Citizens Financial Group, Inc. engages in the provision of commercial banking services. It operates through the following segments: Consumer Banking and Commercial Banking.
