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Wedbush Sticks to Its Buy Rating for Citizens Financial (CFG)

In a report released today, David Chiaverini from Wedbush maintained a Buy rating on Citizens Financial (CFGResearch Report), with a price target of $44.00. The company’s shares closed yesterday at $32.99.

According to TipRanks, Chiaverini is a 4-star analyst with an average return of 4.3% and a 40.00% success rate. Chiaverini covers the Financial sector, focusing on stocks such as Svb Financial Group, Axos Financial, and Cathay General Bancorp.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Citizens Financial with a $46.62 average price target, representing a 41.32% upside. In a report released on September 12, Deutsche Bank also maintained a Buy rating on the stock with a $50.00 price target.

See the top stocks recommended by analysts >>

CFG market cap is currently $16.35B and has a P/E ratio of 8.35.

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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. The Consumer Banking segment includes deposit products, mortgage and home equity lending, student loans, auto financing, credit cards, business loans, and wealth management and investment services. The Commercial Banking segment offers lending and leasing, trade financing, deposit and treasury management, foreign exchange and interest rate risk management, corporate finance and debt, and equity capital markets. The company was founded in 1828 and is headquartered in Providence, RI.

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