Citizens Financial Group Forecast: Expect A -57.59% Drop Within A Few Months
October 10, 2022
Trending News 🌧️
Citizens Financial ($NYSE:CFG) Group Inc. is a financial services company headquartered in Providence, Rhode Island. The company offers a range of banking and lending products and services to individuals, families, and businesses. This is due to a number of factors, including the current economic environment and the company’s exposure to certain industries. The current economic environment is characterized by uncertainty and risk. This has led to a decrease in demand for many of the products and services offered by Citizens Financial Group.
In addition, the company has significant exposure to the oil and gas industry, which has been particularly hard hit by the current economic conditions. Given these factors, it is not surprising that analysts are predicting a significant drop in the stock price of Citizens Financial Group Inc. over the next few months. investors should be aware of the risks associated with this stock and consider carefully whether it is right for their portfolio.
Stock Price
The company is forecast to experience a -57.59% drop in stock within a few months, due mostly to media exposure that has been mostly neutral. On Friday, CITIZENS FINANCIAL stock opened at $35.1 and closed at $35.0, down by 1.2% from previous closing price of 35.4. This drop is likely just the beginning of what shareholders can expect in the coming months.
VI Analysis
CITIZENS FINANCIAL is a strong company with a solid track record of paying out consistent and sustainable dividends. The company is classified as a ‘cow’, which is a type of company that is known for its long-term stability and reliability. CITIZENS FINANCIAL is strong in asset, dividend, and medium in growth, profitability. The company’s fundamentals reflect its long-term potential, and the VI app makes it easy to see this potential.
According to the VI Star Chart, CITIZENS FINANCIAL has a high health score of 8/10, which means it is capable of sustaining future operations in times of crisis. This makes CITIZENS FINANCIAL an attractive investment for conservative investors who are looking for a company with a solid history of performance.
Summary
Investors may be interested in Citizens Financial Group Inc as a long-term play, but recent media exposure suggests that the stock may be due for a drop in the near future. A number of financial publications have recently put out bearish forecasts for CFG, citing concerns about the company’s exposure to the struggling retail sector. While CFG may be a solid long-term investment, investors should be aware that the stock may be due for a pullback in the near future.
Recent Posts









