JPMorgan cuts target for Citizens Financial stock to USD 72.50

Published on 10/05/2026 at 16:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan kept an Overweight rating on October 2, 2026. Citizens Financial stock costs EUR 57.85 on October 5, 2026 versus EUR 57.04, plus 1.42 percent.

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Citizens Financial stock (ISIN US1746101054) was trading at EUR 57.85 at Lang & Schwarz on October 5, 2026 at 4:30 p.m. CEST, up EUR 0.81 or 1.42 percent versus the prior close of EUR 57.04. The latest analyst move came on October 2, 2026, when Markets Insider reported that JPMorgan cut its target from USD 78.00 to USD 72.50 while retaining an Overweight rating.

JPMorgan lowers its target

The revised USD 72.50 target remains 12.07 percent above the USD 64.69 NYSE quote at 10:31 a.m. ET on October 5, 2026. The two prices use the same USD basis, while the Lang & Schwarz reference remains the euro price for German-market readers.

The target reduction is a more cautious signal than the rating itself. JPMorgan maintained Overweight, but its new target is USD 5.50 below the previous USD 78.00 level, making the adjustment a clear counterweight to the bank's positive stance.

Second-quarter earnings set the baseline

Citizens Financial delivered diluted earnings per share of USD 1.30 in the second quarter of 2026, a 15.00 percent increase from USD 1.13 in the first quarter. The result and the sequential comparison were discussed in the Fortune transcript.

The same call reported net interest income up 4.40 percent sequentially and 14.00 percent year over year in the second quarter of 2026. Return on tangible common equity improved to 13.90 percent from 12.20 percent in the first quarter, while management said third-quarter net interest income should rise 2.50 percent to 3.50 percent sequentially.

Third-quarter date is set

Citizens Financial will report third-quarter 2026 earnings on October 16, 2026, according to its investor release. The event gives investors a defined checkpoint for testing whether the second-quarter improvement in earnings, net interest income and return on tangible common equity is continuing.

EUR 57.85 reference price

At Lang & Schwarz, Citizens Financial was trading at EUR 57.85 on October 5, 2026 at 4:30 p.m. CEST, plus 1.42 percent versus the prior close of EUR 57.04. The further course of trading is shown by the continuously updated real-time quote of Citizens Financial stock.