Barclays Reaffirms Their Buy Rating on Citizens Financial (CFG)

Barclays analyst Jason Goldberg maintained a Buy rating on Citizens Financial today and set a price target of $77.00.

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Goldberg covers the Financial sector, focusing on stocks such as JPMorgan Chase, Bank of America, and M&T Bank. According to TipRanks, Goldberg has an average return of 12.8% and a 64.91% success rate on recommended stocks.

In addition to Barclays, Citizens Financial also received a Buy from TipRanks – PerPlexity’s PerPlexity Banks – Regional in a report issued yesterday. However, on the same day, TipRanks – Anthropic downgraded Citizens Financial (NYSE: CFG) to a Hold.

Based on Citizens Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.16 billion and a net profit of $528 million. In comparison, last year the company earned a revenue of $3.03 billion and had a net profit of $401 million

Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CFG in relation to earlier this year. Last month, Susan LaMonica, the CHRO of CFG sold 13,258.00 shares for a total of $769,494.32.