Citizens Financial Group, Inc. (NYSE:CFG) has been in the spotlight with various movements in its stock shares. Notably, Cibc World Markets Corp acquired 32448 shares, while Pinebridge Investments L.P and Royal London Asset Management Ltd reduced their holdings. Citizens Financial stock consistently underperformed in comparison to its competitors. Its Q1 2024 earnings revealed mixed results amidst market challenges. The firm did not meet expectations, displaying varying profits. However, it bettered rivals on a strong trading day. CFG's dedication to expansion is evident through upgrades amid regional-banking sector troubles. The recent appointment of Paul Casey to head Wealth Business shows CFG's commitment to enhance its wealth management. The firm is paying attention to both dividends and market expectations for future growth. Forecast and price target for CFG stock in 2024 indicate a cautious investor's climate. Despite this, multiple insiders buying CFG stock is a positive sign of the company's expected performance. It is also expanding its influence in Florida, demonstrating a path to success for the business.
Citizens Financial Group CFG News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sun, 09 Jun 2024 13:39:55 GMT -
Rating -4
- Innovation 2
- Information 5
- Rumor 1
