CFG Price Prediction Next Week
Technical Analysis: CFG's stock shows bearish momentum in the short term, with RSI-6 at 27.79 indicating oversold conditions. The stock closed at $44.88 on Friday, below all major moving averages except the 200-day SMA ($41.33).
Price Targets Based on Fibonacci Levels:
- Support levels: S1: $45.18, S2: $44.31, S3: $42.90
- Resistance levels: R1: $48.00, R2: $48.87, R3: $50.28
- Pivot point: $46.59
News Sentiment Analysis:
- Recent dividend declaration shows stable financial position with quarterly dividends maintained across preferred stock series
- Wall Street maintains a "Moderate Buy" rating with 11 "Strong Buy" ratings
- Truist raised price target to $54 from $49 citing improved net interest margins and fee growth
Trading Volume Analysis: Recent trading sessions show declining volume:
- Feb 23: 4.07M shares
- Feb 22: 4.41M shares
- Feb 21: 3.95M shares
- Feb 20: 3.35M shares
Price Prediction for Next Week: Based on technical indicators and Fibonacci levels:
- Bearish scenario (60% probability): Stock likely to test S1 support at $45.18, potentially dropping to S2 at $44.31
- Base case (30% probability): Consolidation between $44.31-$45.18
- Bullish scenario (10% probability): Bounce from oversold conditions to R1 at $48.00
Recommendation: SELL
- Entry: Current price ($44.88)
- Target: $44.31 (S2 support)
- Stop loss: $46.59 (Pivot point)
Rationale:
- Bearish technical indicators
- Below key moving averages
- Declining trading volume
- RSI oversold conditions might provide temporary bounces but overall trend remains bearish
CFG Similar Chart Price Prediction
The price of CFG is predicted to go up -0.88%, based on the high correlation periods with FNB. The similarity of these two price pattern on the periods is 96.97%.
CFG
FNB
Down: -0.88%Similarity: 96.97%
CFG Revenue Forecast
CFG EPS Forecast
CFG FAQs
What is bull’s view on CFG?
What is bear's view on CFG?
What is CFG revenue forecast for next quarter？
What is CFG eps forecast for next quarter？
CFG Analyst's Forecast
David Long
Raymond James
Strong Buy
2025-01-21
Price Target
$55 → $58
Upside
+20.06%
Raymond James analyst David Long raised the firm's price target on Citizens Financial to $58 from $55 and keeps a Strong Buy rating on the shares. Citizens' Q4 was highlighted by net interest margin expansion that exceeded expectations, solid credit metrics, and the private bank becoming profitable, and while Citizens provided favorable commentary related to credit and improved its medium-term NIM expectations, the higher-than-expected outlook for operating expenses and smaller balance sheet led to a slight negative revision to the firm's EPS estimates, the analyst tells investors in a research note. Raymond James remains bullish, and believes Citizens is well-positioned to produce superior EPS growth due to NIM expansion and realization of operating efficiencies.
Brian Foran
Truist Securities
Hold
2025-01-21
Price Target
$49 → $54
Upside
+11.78%
David Konrad
Keefe, Bruyette & Woods
Hold
2025-01-21
Price Target
$53 → $56
Upside
+15.92%
