Citigroup (C) : Currently there are 14 street experts covering Citigroup (C) stock. The most bullish and bearish price target for the stock is $65 and $45 respectively for the short term. The average price target of all the analysts comes to $55.21. The estimated standard deviation from the target is $6.67.
Citigroup (C) : The consensus on Citigroup (C) based on 15 analyst recommendation on the company stock is 1.67, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 10 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Also, Berenberg initiates coverage on Citigroup (NYSE:C) In a research note issued to the investors, the brokerage major announces price-target of $50 per share.The shares have been rated Buy. The rating by the firm was issued on July 13, 2016.
Citigroup (NYSE:C): The stock opened at $47.82 on Thursday but the bulls could not build on the opening and the stock topped out at $48.03 for the day. The stock traded down to $46.76 during the day, due to lack of any buying support eventually closed down at $47.36 with a loss of -0.80% for the day. The stock had closed at $47.74 on the previous day. The total traded volume was 19,403,873 shares.
Citigroup Inc. (Citi) is a financial services holding company, whose businesses provide consumers, corporations, governments and institutions with financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services, and wealth management. The Company operates through two primary business segments: Citicorp and Citi Holdings. Citicorp consists of the operating businesses: Global Consumer Banking, which consists of consumer banking in North America, EMEA, Latin America and Asia, and Institutional Clients Group, which includes Banking and Markets and securities services. Citi Holdings contains businesses and portfolios of assets that Citi has determined are not central to its core Citicorp businesses. Citis consumer operations, as well as the consumer finance business in Korea and certain businesses in ICG form part of Citi Holdings.