Hot Stocks: Analyst Rating Hits Higher Gear – Citizens Financial Group, Inc. (CFG), Nokia Corporation (NOK)

The price of Citizens Financial Group, Inc. (NYSE:CFG) went up by $0.25 now trading at $34.36. Their shares witnessed a 24.4% increase from the 52-week low price of $27.62 they recorded on 2018-12-26. Even though it is still -26.95% behind the $43.62 high touched on 2018-04-13. The last few days have been rough for the stock, as its price has decreased by -0.98% during the week. It has also performed better over the past three months, as it added around 6.58% while it has so far retreated around -18.54% during the course of a year. The stock of CFG recorded 15.57% uptrend from the beginning of this year till date. The 12-month potential price target for Citizens Financial Group, Inc. is set at $41.6. This target means that the stock has an upside potential to increase by 21.07% from the current trading price.

When giving their opinion, around 85.71% of Wall Street analysts, which represents 18 out of 21 rated the stock as a Buy. 3 brokerage firms of the remaining 14.29% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate CFG shares held by institutional investors represents 0% of total shares. 94 institutions entered new Citizens Financial Group, Inc. (NYSE:CFG) positions, 322 added to their existing positions in these shares, 335 lowered their positions, and 82 exited their positions entirely.

Citizens Financial Group, Inc. (CFG) trade volume has increased by 26.14% as around 5,801,896 shares were sold when compared with its 50-day average volume of traded shares which is 4,599,390. At the moment, CFG is witnessing a uptrend, as it is trading 1.4% above its 20-day SMA, -2.02% below its 50-day SMA, and -6.33% below its 200-day SMA. The company runs an ROE of roughly 8.5%, with financial analysts predicting that their earnings per share growth will be around 12.66% per annum for the next five year. This will be compared to the 20.7% increase witnessed over the past five years.

The first technical resistance point for Citizens Financial Group, Inc. (NYSE:CFG) will likely come at $34.72, marking a 1.04% premium to the current level. The second resistance point is at $35.07, about 2.02% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $33.65, the lower end of the range. CFG’s 14-day MACD is 0.64 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 50.83, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 32.09 percent, which is high when compared to that of the 50-day’s 25.4 percent.

The shares of Nokia Corporation (NYSE:NOK) has increased by 0.34%, and now trading at $5.87 on the Wall Street in the intra-day deal, with their shares traded now around 12,010,069. This is a decline of -14,211,601 shares over the average 26,221,670 shares that were traded daily over the last three months. The stock that is trading at $5.87 went higher by 15.78% from its 52-week low of $5.07 that it attained back on 2018-08-15. The stock recorded a 52-week high of $6.65 nearly 72 days ago on 2019-01-30.

NOK stock hasn’t performed well over the past 30 days, as it lost -4.4% while its price climbed by 0.86% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -0.51% over the last week. The stock’s 12-month potential target price is now at $7.18. This means that the stock price might likely increase by 22.32% from its current trading price.6 out of 12 Wall Street analysts which represents 50% rated the stock as a buy while the remaining 50% rated it as a hold, with 0% of analysts rating it as a sell.

Nokia Corporation (NYSE:NOK) has been utilizing an ROE that is roughly -2.2%, with stock analysts predicting that the company’s EPS for the next five years will go up by 22.19% per year, following the -28.2% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -1.85% below its 20-day SMA, -3.61% below its 50-day SMA, and 1.86% above its 200-day SMA. In percentage terms, the aggregate Nokia Corporation shares held by institutional investors is 7%. 70 institutions jumped in to acquire Nokia Corporation (NOK) fresh stake, 185 added to their current holdings in these shares, 159 lowered their positions, and 51 left no stake in the company.

The stock’s 9-day MACD is -0.01 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 44, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 15.48 percent, which is less when compared to that of the 50-day’s 24.87 percent. On the daily chart, we see that the stock could reach the first level of resistance at $5.9, sporting a 0.51% premium to the current level. The next resistance point is at $5.93, representing nearly 1.01% premium to the current market price of Nokia Corporation (NOK). On the other hand, failure to breach the immediate hurdles can drag it down to $5.81, the lower end of the range.