CIT Group Inc (DEL) (CIT) Social Stream
Warning: This security is no longer trading.
In January 2022, First Citizens confirmed the completion of its merger with CIT Group, which was first announced in October 2020.
Cit Group Inc (CIT) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering Cit Group Inc.
| Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|
| 2 | $62 | $38 | $50 | $52.84 | -5.37% |
| 4 | $62 | $30 | $40.3 | $52.84 | -23.73% |
| 4 | $62 | $30 | $41.75 | $52.84 | -20.99% |
| 3 | $62 | $30 | $41.75 | $52.84 | -20.99% |
| 3 | $62 | $30 | $43.333 | $52.84 | -17.99% |
| 2 | $62 | $30 | $43.333 | $52.84 | -17.99% |
The Trend in the Analyst Price Target
CIT's average price target has moved down $2.6 over the prior 79 days.
Over the past 16 months, CIT's average upside potential has been -7.69%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-09-20 | 5 | 62 | 48 | 52.400 | 50.19 | 4.4% |
| 2021-04-20 | 2 | 62 | 38 | 50.000 | 51.40 | -2.72% |
| 2021-04-20 | 4 | 62 | 38 | 50.000 | 51.40 | -2.72% |
| 2021-04-20 | 3 | 62 | 38 | 50.000 | 51.40 | -2.72% |
| 2021-04-20 | 5 | 62 | 38 | 50.000 | 51.40 | -2.72% |
| 2021-04-20 | 2 | 62 | 30 | 40.300 | 51.40 | -21.6% |
| 2021-04-20 | 4 | 62 | 30 | 40.300 | 51.40 | -21.6% |
| 2021-04-20 | 3 | 62 | 30 | 40.300 | 51.40 | -21.6% |
| 2021-04-20 | 5 | 62 | 30 | 40.300 | 51.40 | -21.6% |
| 2021-04-20 | 2 | 62 | 30 | 41.750 | 51.40 | -18.77% |
| 2021-04-20 | 4 | 62 | 30 | 41.750 | 51.40 | -18.77% |
| 2021-04-20 | 3 | 62 | 30 | 41.750 | 51.40 | -18.77% |
| 2021-04-20 | 5 | 62 | 30 | 41.750 | 51.40 | -18.77% |
| 2021-04-20 | 2 | 62 | 30 | 43.333 | 51.40 | -15.69% |
| 2021-04-20 | 4 | 62 | 30 | 43.333 | 51.40 | -15.69% |
| 2021-04-20 | 3 | 62 | 30 | 43.333 | 51.40 | -15.69% |
| 2021-04-20 | 5 | 62 | 30 | 43.333 | 51.40 | -15.69% |
| 2020-06-08 | NA | 58 | 20 | 29.200 | NA | NA% |
CIT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.5 | 0 | 1 | 1 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
Over the past 52 weeks, CIT's average broker recommendation rating worsened by 0.8.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- The upside potential (average analyst target price relative to current price) of CIT is higher than 10.93% of all US stocks.
- The number of analysts covering the stock of CIT is higher than 18.74% of stocks in the large market cap category.
- The variance in analysts' estimates of CIT is lower than -480.01% of Banking stocks.
- CIT has a greater average analyst price target than 140.91% of stocks in the large market cap category.
Stocks similar to Cit Group Inc in the Banking industry regarding analyst recommendations and price targets are NWG, HBMD and SBCF.
Is CIT a Buy, Hold or Sell? See the POWR Ratings now!