Citi (NYSE:C) is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
Wells Fargo analyst Mike Mayo maintains Citigroup (NYSE:C) with a Overweight and maintains $80 price target.
Wells Fargo analyst Mike Mayo maintains Citigroup (NYSE:C) with a Overweight Read Post »
Wells Fargo analyst Mike Mayo maintains Citigroup (NYSE:C) with a Overweight and raises the price target from $70 to $80.
Wells Fargo analyst Mike Mayo maintains Citigroup (NYSE:C) with a Overweight Read Post »
Oppenheimer analyst Chris Kotowski maintains Citigroup (NYSE:C) with a Outperform and lowers the price target from $95 to $88.
Oppenheimer analyst Chris Kotowski maintains Citigroup (NYSE:C) with a Outperform Read Post »
Citigroup analysts are projecting Brent crude will average $78/bbl in the second quarter and could continue to slide to $55/bbl by late next year. The bank in a Sunday report said it continues to see a “spiky” first quarter for oil prices, thanks to crude supply and refinery disruption risks. The analysts said they expect OPEC+ will keep current production cuts in place through December, but still advised oil producers to hedge 2025 output in advance of what may be a sharp drop in prices. The report predicted Brent will average $78 a barrel in the second quarter before sliding to $74/bbl in the third quarter and $70/bbl in the fourth quarter. Citi’s 2025 oil outlook is surprisingly bearish, with the bank forecasting a Q1 price of $65/bbl, followed by an average of $60/bbl in the second and third quarter. The price will then drop to $55/bbl in Q4, the
Citigroup Projects Brent Crude Prices Could Fall to $55/Bbl by Late 2025 — OPIS Read Post »
Goldman Sachs analyst Richard Ramsden maintains Citigroup with a Buy and raises the price target from $55 to $68.
Goldman Sachs analyst Richard Ramsden maintains Citigroup with a Buy Read Post »
Goldman Sachs analyst Richard Ramsden upgrades Citigroup (NYSE:C) from Neutral to Buy and announces $68 price target.
Goldman Sachs analyst Richard Ramsden upgrades Citigroup (NYSE:C) from Neutral to Buy Read Post »
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We raise our target by $11 to $65 (consensus $61) on a forward P/E of 10.8x, which is in line with its five-year historic average. Our target would still be a 20% discount to net tangible book value (NTBV) of $81.65, while direct peers trade at par or a premium to NTBV. We see C executing its strategy to streamline the bank and drive growth in areas where it is a market leader. C has a leading franchise in corporate treasury services that is realizing recurring fee revenue and new account growth, global banking for institutions, and personal banking outside the U.S. Management has targets for operating efficiency with $1.5B in restructuring and severance costs in 2023 and another $700M to $1.0B in 2024, which should drive
CFRA Raises Opinion To Buy From Hold On Shares Of Citigroup Inc. Read Post »
Citigroup Credit Card Charge-Offs 2.65% In Jan 2024 Vs 2.34% In Dec 2023; Credit Card Delinquency Rate 1.51% At Jan 2024 End Vs 1.45% At Dec 2023 End.
Citigroup Credit Card Charge-Offs 2.65% In Jan 2024 Vs 2.34% In Dec 2023 Read Post »
Citigroup (NYSE:C) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/14/2024 17.76% Piper Sandler $56 → $63 Upgrades Neutral → Overweight 01/30/2024 77.57% Oppenheimer $93 → $95 Maintains Outperform 01/30/2024 21.5% Morgan Stanley $46 → $65 Upgrades Underweight → Overweight 01/16/2024 73.83% Oppenheimer $85 → $93 Maintains Outperform 01/16/2024 4.67% Piper Sandler $53 → $56 Maintains Neutral 01/10/2024 — BMO Capital Downgrades Outperform → Market Perform 01/09/2024 14.02% HSBC → $61 Upgrades Hold → Buy 01/03/2024 8.41% Wolfe Research → $58 Upgrades Peer Perform → Outperform 01/02/2024 17.76% Barclays $59 → $63 Maintains Equal-Weight 12/19/2023 -2.8% Goldman Sachs $47 → $52 Maintains Neutral 12/01/2023 -12.15% Goldman Sachs $41 → $47 Maintains Neutral 11/16/2023 58.88% Oppenheimer $82 → $85 Maintains Outperform 10/16/2023 -15.89% Piper Sandler $47 → $45 Maintains Neutral 10/16/2023 23.36% BMO Capital $61 → $66 Maintains Outperform 10/16/2023 53.27% Oppenheimer $81
Citigroup (NYSE:C) Stock Analyst Ratings Read Post »
Citigroup (NYSE:C) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/30/2024 18.63% Morgan Stanley $46 → $65 Upgrades Underweight → Overweight 01/16/2024 69.74% Oppenheimer $85 → $93 Maintains Outperform 01/16/2024 2.21% Piper Sandler $53 → $56 Maintains Neutral 01/10/2024 — BMO Capital Downgrades Outperform → Market Perform 01/09/2024 11.33% HSBC → $61 Upgrades Hold → Buy 01/03/2024 5.86% Wolfe Research → $58 Upgrades Peer Perform → Outperform 01/02/2024 14.98% Barclays $59 → $63 Maintains Equal-Weight 12/19/2023 -5.09% Goldman Sachs $47 → $52 Maintains Neutral 12/01/2023 -14.22% Goldman Sachs $41 → $47 Maintains Neutral 11/16/2023 55.14% Oppenheimer $82 → $85 Maintains Outperform 10/16/2023 -17.87% Piper Sandler $47 → $45 Maintains Neutral 10/16/2023 20.46% BMO Capital $61 → $66 Maintains Outperform 10/16/2023 49.66% Oppenheimer $81 → $82 Maintains Outperform 10/03/2023 -21.52% Morgan Stanley $45 → $43 Maintains Underweight 10/02/2023 -25.17% Goldman Sachs $47 →
Citigroup (NYSE:C) Stock Analyst Ratings Read Post »
Citigroup (NYSE:C) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 6.42% Piper Sandler $53 → $56 Maintains Neutral 01/10/2024 — BMO Capital Downgrades Outperform → Market Perform 01/09/2024 15.93% HSBC → $61 Upgrades Hold → Buy 01/03/2024 10.22% Wolfe Research → $58 Upgrades Peer Perform → Outperform 01/02/2024 19.73% Barclays $59 → $63 Maintains Equal-Weight 12/19/2023 -1.18% Goldman Sachs $47 → $52 Maintains Neutral 12/01/2023 -10.68% Goldman Sachs $41 → $47 Maintains Neutral 11/16/2023 61.54% Oppenheimer $82 → $85 Maintains Outperform 10/16/2023 -14.48% Piper Sandler $47 → $45 Maintains Neutral 10/16/2023 25.43% BMO Capital $61 → $66 Maintains Outperform 10/16/2023 55.83% Oppenheimer $81 → $82 Maintains Outperform 10/03/2023 -18.28% Morgan Stanley $45 → $43 Maintains Underweight 10/02/2023 -22.08% Goldman Sachs $47 → $41 Maintains Neutral 09/26/2023 53.93% Oppenheimer $85 → $81 Maintains Outperform 09/20/2023 -10.68% RBC Capital $51 → $47 Maintains
Citigroup (NYSE:C) Stock Analyst Ratings Read Post »
Citigroup CFO Says Headcount Reductions Will Generate $2B-$2.5B In Savings Over The Medium Term; Company Expects To Do A Modest Number Of Share Buybacks In Q1.