Citigroup (NYSE:C) has been given a $100.00 price target by Wells Fargo & Co in a research report issued to clients and investors on Wednesday. The brokerage presently has a “buy” rating on the financial services provider’s stock. Wells Fargo & Co’s target price would indicate a potential upside of 29.68% from the stock’s current price.

A number of other research firms also recently issued reports on C. Bank of America reiterated a “neutral” rating on shares of Citigroup in a research note on Wednesday, October 11th. Keefe, Bruyette & Woods boosted their target price on Citigroup from $80.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, December 14th. Atlantic Securities restated an “overweight” rating and issued a $85.00 target price (up previously from $75.00) on shares of Citigroup in a research note on Tuesday, September 26th. BMO Capital Markets boosted their target price on Citigroup from $65.00 to $67.00 and gave the stock a “market perform” rating in a research note on Friday, October 13th. Finally, Royal Bank of Canada restated a “buy” rating and issued a $75.00 target price on shares of Citigroup in a research note on Wednesday, September 27th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $78.67.

Shares of Citigroup (NYSE C) opened at $77.11 on Wednesday. Citigroup has a 12-month low of $55.23 and a 12-month high of $78.44. The company has a market capitalization of $203,880.00, a PE ratio of 14.86, a P/E/G ratio of 1.23 and a beta of 1.56. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.01 and a quick ratio of 1.01.

Citigroup (NYSE:C) last issued its earnings results on Tuesday, January 16th. The financial services provider reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.09. Citigroup had a return on equity of 7.48% and a net margin of 18.11%. The business had revenue of $17.26 billion during the quarter, compared to analyst estimates of $17.23 billion. During the same period in the previous year, the company posted $1.14 EPS. The firm’s revenue was up 1.4% compared to the same quarter last year. equities analysts anticipate that Citigroup will post 5.25 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of C. Capital Analysts LLC increased its holdings in shares of Citigroup by 5.4% in the second quarter. Capital Analysts LLC now owns 45,844 shares of the financial services provider’s stock worth $3,066,000 after purchasing an additional 2,367 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Citigroup by 5.2% in the second quarter. Principal Financial Group Inc. now owns 4,152,299 shares of the financial services provider’s stock worth $277,705,000 after purchasing an additional 205,298 shares during the period. Bank of Hawaii increased its holdings in shares of Citigroup by 52.2% in the second quarter. Bank of Hawaii now owns 6,536 shares of the financial services provider’s stock worth $437,000 after purchasing an additional 2,242 shares during the period. Norinchukin Bank The increased its holdings in shares of Citigroup by 41.0% in the second quarter. Norinchukin Bank The now owns 137,279 shares of the financial services provider’s stock worth $9,181,000 after purchasing an additional 39,898 shares during the period. Finally, Advisors Capital Management LLC increased its holdings in shares of Citigroup by 2.8% in the third quarter. Advisors Capital Management LLC now owns 186,424 shares of the financial services provider’s stock worth $13,560,000 after purchasing an additional 5,125 shares during the period. 78.53% of the stock is currently owned by institutional investors and hedge funds.

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Citigroup Company Profile

Citigroup Inc (Citi) is a financial services holding company. The Company’s whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management.

Analyst Recommendations for Citigroup (NYSE:C)

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