Citizens Financial (CFG) Receives a Buy from Jefferies

Jefferies analyst David Chiaverini reiterated a Buy rating on Citizens Financial today and set a price target of $80.00.

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According to TipRanks, Chiaverini is an analyst with an average return of -1.7% and a 48.93% success rate. Chiaverini covers the Financial sector, focusing on stocks such as Truist Financial, JPMorgan Chase, and US Bancorp.

In addition to Jefferies, Citizens Financial also received a Buy from Evercore ISI’s John Pancari in a report issued on April 17. However, on the same day, Truist Financial assigned a Hold rating to Citizens Financial (NYSE: CFG).

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.