Citizens Financial Group Inc. (NYSE:CFG) traded today at a new 52-week high of $50.71. Approximately 1.3 million shares have changed hands today, as compared to an average 30-day volume of 4.2 million shares.
Based on a current price of $50.55, Citizens Financial Group Inc. is currently 37.8% above its average consensus analyst price target of $31.44.
In the past 52 weeks, Citizens Financial Group Inc. share prices are bracketed by a low of $18.20 and a high of $50.71 and is now at $50.55, 178% above that low price.
Citizens Financial Group is a retail bank holding company operating primarily in the New England, Mid-Atlantic, and Midwest regions of the United States. The bank operates through two segments: consumer and commercial banking. Citizens' strategy emphasizes differentiation through customer service. Net interest income is the largest source of the bank's net revenue. Most net interest income is derived from commercial loans, securities, home equity lines of credit, automobile loans, and residential mortgages. Some of CFG's higher-yielding products include credit cards, home equity loans, and other retail loans.
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