CFG's earnings exceeded expectations, leading to higher analyst estimates and a boosted stock price target.
Citizens Financial Group (CFG) saw multiple analysts raise their earnings estimates and price targets, with DA Davidson increasing its FY2025 estimate to $4.89 per share and setting a $48 price target. The bank reported better-than-expected Q4 earnings of $0.85 per share and declared a quarterly dividend of $0.42, with a yield of 3.55%. Institutional investors have also increased their holdings in the company, currently owning 94.90% of CFG's stock.
2 months ago
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