Demystifying Citigroup: Insights From 10 Analyst Reviews

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Citigroup C has been analyzed by 10 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 5 3 0 0
Last 30D 1 0 0 0 0
1M Ago 0 1 0 0 0
2M Ago 0 3 1 0 0
3M Ago 1 1 2 0 0

Insights from analysts' 12-month price targets are revealed, presenting an average target of $67.4, a high estimate of $95.00, and a low estimate of $52.00. Observing a 7.48% increase, the current average has risen from the previous average price target of $62.71.

Deciphering Analyst Ratings: An In-Depth Analysis

The standing of Citigroup among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Richard Ramsden Goldman Sachs Announces Buy $68.00 -
Scott Siefers Piper Sandler Raises Overweight $63.00 $56.00
Chris Kotowski Oppenheimer Raises Outperform $95.00 $93.00
Betsy Graseck Morgan Stanley Raises Overweight $65.00 $46.00
Chris Kotowski Oppenheimer Raises Outperform $93.00 $85.00
Scott Siefers Piper Sandler Raises Neutral $56.00 $53.00
Saul Martinez HSBC Announces Buy $61.00 -
Steven Chubak Wolfe Research Announces Outperform $58.00 -
Jason Goldberg Barclays Raises Equal-Weight $63.00 $59.00
Richard Ramsden Goldman Sachs Raises Neutral $52.00 $47.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Citigroup. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Citigroup compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Citigroup's stock. This comparison reveals trends in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Citigroup's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Citigroup analyst ratings.

Get to Know Citigroup Better

Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group and the personal banking and wealth-management group. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.

Citigroup: Financial Performance Dissected

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Revenue Growth: Citigroup's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 1.04%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -11.67%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Citigroup's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -1.16%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Citigroup's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.09%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Citigroup's debt-to-equity ratio is below the industry average. With a ratio of 1.73, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Analyst Ratings: What Are They?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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