Citizens Financial Group, Inc. (CFG) Sees Positive Analyst Sentiment

Summary
Citizens Financial Group, Inc. (CFG) Sees Positive Analyst Sentiment
Citizens Financial Group, Inc. (NYSE:CFG) is a major player in the U.S. banking sector, offering a wide array of retail and commercial banking services. With a network of around 1,200 branches and 3,300 ATMs across 14 states and the District of Columbia, CFG serves a diverse clientele, including individuals, small businesses, and corporations.
The consensus price target for CFG has shown a positive trend over the past year. The average price target increased from $49 last year to $57 last month, indicating growing confidence among analysts. This upward trend is supported by CFG's expected increase in second-quarter earnings, driven by higher net interest income and fee income, as highlighted by Citigroup analyst Jill Shea, who has set a price target of $65 for CFG.
Over the past month, the average price target for CFG rose to $57, reflecting positive sentiment among analysts. This increase aligns with CFG's strong track record of surpassing earnings expectations. The company is well-positioned for another potential earnings beat, with stable expenses and improved loan demand contributing positively to its financial performance.
The quarterly change in CFG's average price target, from $51 to $57, indicates growing confidence in the company's future prospects. Despite challenges with declining loans and deposits, CFG maintains stable asset quality. The company's shares are trading at 11.3 times the consensus earnings per share for 2025, suggesting potential for attractive returns.
CFG's yearly change in the average price target, from $49 to $57, reflects consistent improvement in analysts' expectations. The company is set to release its second-quarter 2025 earnings on July 17, 2025, with a live conference call hosted by CFG management.