13 analysts have shared their evaluations of Citigroup C during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 8 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 3 | 2 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 1 | 4 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $72.69, a high estimate of $95.00, and a low estimate of $56.00. Marking an increase of 6.76%, the current average surpasses the previous average price target of $68.09.
Deciphering Analyst Ratings: An In-Depth Analysis
A comprehensive examination of how financial experts perceive Citigroup is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mike Mayo | Wells Fargo | Maintains | Overweight | $80.00 | $80.00 |
| Saul Martinez | HSBC | Raises | Buy | $70.00 | $61.00 |
| Mike Mayo | Wells Fargo | Raises | Overweight | $80.00 | $70.00 |
| Chris Kotowski | Oppenheimer | Lowers | Outperform | $88.00 | $95.00 |
| Richard Ramsden | Goldman Sachs | Raises | Buy | $68.00 | $55.00 |
| Richard Ramsden | Goldman Sachs | Raises | Buy | $68.00 | $55.00 |
| 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 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Citigroup. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Citigroup compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Citigroup's stock. This analysis reveals shifts in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Citigroup's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Citigroup analyst ratings.
All You Need to Know About Citigroup
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.
Financial Insights: Citigroup
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Positive Revenue Trend: Examining Citigroup's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.04% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Citigroup's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -11.67%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Citigroup's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -1.16%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Citigroup's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.09%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Citigroup's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.73.
Analyst Ratings: Simplified
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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