There is notable attention and investment activity surrounding Citizens Financial Group (CFG). The company's stock hit a 52-week high at $52.66, garnering interest from investors such as Twin Tree Management LP and Royal Bank of Canada which currently hold stakes in CFG. The company also recently announced the redemption of all outstanding shares of its Series F Preferred Stock, which will have implications for shareholders. CFG has also delievered strong financial performance, exceeding Q2 expectations and announcing an increase in common share repurchase authorization to $1.5 billion. CFG has also recently appointed a new CFO with global banking experience, a move expected to assess valuation. However, yet there have been cases of companies like Ameriprise Financial Inc. and American Century Companies Inc. significantly reducing their CFG stock. At present, Wall Street analysts' average target price for CFG stands at $51.53, indicating a bullish outlook overall.
Citizens Financial Group CFG News Analytics from Thu, 16 Jan 2025 08:00:00 GMT to Sat, 06 Sep 2025 22:34:16 GMT - Rating 8 - Innovation 5 - Information 9 - Rumor -2
