15 Undervalued Momentum Stocks That Are Taking Off

Page 3 of 14

12. Citizens Financial Group Inc. (NYSE:CFG)

Number of Hedge Fund Holders: 48

According to a February 9 report from TipRanks, JPMorgan raised its price target on Citizens Financial Group Inc. (NYSE:CFG) to $71 from $62.50 while maintaining an Overweight rating, reflecting a constructive outlook on large-cap banks. The firm updated its sector assumptions to incorporate expectations of two rate cuts, while expecting long-term yields to “remain sticky with inflation concerns.”

According to JPM analysts, the current backdrop remains supportive for bank stocks. A favorable regulatory environment and accelerating consolidation trends across the industry are expected to provide additional tailwinds. JPMorgan also believes that bank stocks are well-positioned to benefit from ongoing sector rotation, supported by resilient economic conditions and steady underlying fundamentals.

Earlier this month, in the first week of February, Evercore ISI analyst John Pancari reaffirmed his Outperform rating on the stock and raised his price target from $69 to $77, reflecting updated estimates following the Q4 results.

Citizens Financial Group Inc. (NYSE:CFG) stock has performed strongly recently, with 33% returns in 2025 and nearly 12% year-to-date in 2026. At $65.3, the stock is trading near the top of its 52-week range and 5% short of its 52-week high of $68.8. Analyst consensus still remains strongly positive, with the majority (over 90%) of analysts rating the stock with a Buy or equivalent rating.

Citizens Financial Group Inc. (NYSE:CFG) operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States. At December 31, 2025, the company had total assets of $226.4 billion and total deposits of $183.3 billion.

Page 3 of 14