Citizens Financial Group (CFG) Q4 EPS Flat with Expectations
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Compass Point Cuts Price Target on Citizens Financial Group (CFG) Following 4Q Earnings Report
January 26, 2016 6:56 AM ESTCompass Point maintained a Buy rating on Citizens Financial Group (NYSE: CFG), and cut the price target to $30.00 (from $33.00), following the company's 4Q earnings report. 4Q15 was a solid quarter for CFG as the bank met consensus estimates, however non-interest expense and provision guidance for 2016 were higher than anticipated pressuring shares following the earnings announcement. CFG reported EPS of $0.42/sh, in-line with consensus estimates.... More
UBS Remains Bullish Following Citizens Financial Group's (CFG) 2016 Expense Outlook
January 25, 2016 9:09 AM ESTUBS reiterated a Buy rating on Citizens Financial Group (NYSE: CFG), and cut the price target to $27.00 (from $28.00), following the company's 2016 expense outlook. CFG's outlook for a ~3% expense increase in 2016 weighed heavily on the stock Friday, and the guidance was about 100 bps higher than UBS'... More
Piper Jaffray Cut Estimates on Citizens Financial Group (CFG) Reflecting Higher Expenses - PT to $30
January 25, 2016 8:16 AM ESTPiper Jaffray maintained an Overweight rating on Citizens Financial Group (NYSE: CFG), and cut the price target to $30.00 (from $31.00), reflecting slightly lower FY16 and FY17 EPS estimates due to higher expenses. CFG reported loan balances associated with the Apple iPhone upgrade program were $220M as of 4Q15. Despite the lower target, Piper... More
