Looking at top Wall Street opinions, Citizens Financial Group, Inc. (NYSE: CFG) has recently made its way into the research list of Citigroup – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of Buy in the eyes of Citigroup, whereas its previous rating was Neutral in the eyes of Citigroup, as reported on Wednesday, January 9th, 2019. Another heavy-hitting research note was published by RBC Capital Mkts on Wednesday January 2nd, 2019, with this firm upgrading CFG to an updated rating of Outperform from its previous rating of Sector Perform. In the past six months and three months of trading, shares of Citizens Financial Group, Inc. (CFG) have moved by -6.87% and 4.20%, respectively.
Brokerage Updates Related to Citizens Financial Group, Inc. (CFG) Stock
This publicly-traded organization generated losses of -0.63% over the last 5 sessions. Right now, this stock is the subject of 21 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Not a Single analyst have given underperform rating or sell rating, and 8 have given a rating of Buy or better. Based on the 21 stock market experts following this company, the average 12-month price target is $41.60. Moreover, individual price targets range between $35.00-$53.00. With its recent move to $41.00, we can see that these firms project this stock will loss by -18.52% in one year.
Updates from Citizens Financial Group, Inc. (CFG) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.40% rise since the beginning of the calendar year. A Director at Citizens Financial Group, Inc. (CFG) bought some of its shares in a transaction that was finalized on Nov 21. Similarly, KOCH CHARLES JOHN bought 14,000 shares of the organization’s stock at $36.32 apiece and racked up $508,480 in earnings from the purchase.
Citizens Financial Group, Inc. (NYSE:CFG) Results in the Pipeline
The next scheduled release of financial results for Citizens Financial Group, Inc. will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.94. In the same vein, they expect sales for the quarter to amount to $1,598.24 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $1,593.00 million in revenue alongside EPS at $0.96. On average, the analyst projection was calling for $1,564.00 million with $0.93 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $1,509.00 million, with earnings per share ending up at $0.88.
Caterpillar Inc. (NYSE:CAT) experienced a drop of -0.67% from the closing price in the previous trading day. That drove the price to $140.25 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 3,025,492 shares of stock – compared to the typical average of 4.40M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $143.95.
Pricing Indications for Caterpillar Inc. (CAT)
This organization has had a price-to-earnings ratio of 13.94 in the last year. Meanwhile, it gained 135.27 from its observable 50-day simple moving average. Right at this moment, the per-share value is 3.85% higher than the mean per-share price over the last 200 days in the market.
Caterpillar Inc. (NYSE:CAT) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 1 have a sell rating, 8 have a Buy rating, 7 have an outperform rating, while 11 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 1 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.20, based on information from Thomson Reuters.
CAT Stock Value Potential
In trading activity as of late, this stock’s value was 135.08 up from its 200 day moving average, while also 3.83% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $105.00-$206.00. The market value for the entire organization reached 81.30B. In the last trading session, the price ended the day at $141.20. The institutional holdings related to this organization account for 0.10%, and the Beta factor is now 1.46. This company’s RSI (Relative Strength Index) managed to hit 59.55.
Caterpillar Inc. (NYSE:CAT) Analyst Points of Focus
Caterpillar Inc. (CAT) has found itself inside of Deutsche Bank’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Hold, compared to its previous rating of Buy by Deutsche Bank, as garnered from a news report on Wednesday April 3rd, 2019. An additional helpful research note was sent out by UBS’s on Tuesday February 26th, 2019. The brokerage decided to downgrade CAT to Sell from its previous rating of Buy.