A share price of Citigroup Inc [C] is currently trading at $71.50, up 0.11%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The C shares have gain 2.51% over the last week, with a monthly amount glided 14.68%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Citigroup Inc [NYSE: C] stock has seen the most recent analyst activity on December 03, 2024, when Keefe Bruyette upgraded its rating to a Outperform and also boosted its price target to $82 from $70. Previously, Evercore ISI reaffirmed its In-line rating on April 04, 2024, and elevated its price target to $60. On March 25, 2024, Wells Fargo reiterated its Overweight rating and revised its price target to $80 on the stock. Goldman upgraded its rating to a Buy but stick to its price target of $68 on March 14, 2024. Piper Sandler upgraded its rating to a Overweight and raised its price target to $63 on February 14, 2024. Morgan Stanley upgraded its rating to Overweight for this stock on January 30, 2024, and upped its price target to $65. In a note dated January 10, 2024, BMO Capital Markets downgraded an Market Perform rating on this stock but restated the target price of $57.
Citigroup Inc experienced fluctuations in its stock price throughout the past year between $46.40 and $72.80. Currently, Wall Street analysts expect the stock to reach $75.89 within the next 12 months. Citigroup Inc [NYSE: C] shares were valued at $71.50 at the most recent close of the market. An investor can expect a potential return of 6.14% based on the average C price forecast.
Analyzing the C fundamentals
Trailing Twelve Months sales for Citigroup Inc [NYSE:C] were 170.78B which represents 5.65% growth. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.04 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 70.76 points at the first support level, and at 70.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.98, and for the 2nd resistance point, it is at 72.47.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Citigroup Inc [NYSE:C] is 1.52. Considering the valuation of this stock, the price to sales ratio is 0.79, the price to book ratio is 0.70 and price to earnings (TTM) ratio is 20.65.
Transactions by insiders
Recent insider trading involved Henry Peter B., Director, that happened on Nov 11 ’24 when 13000.0 shares were sold. Director, Peter B. Henry completed a deal on Nov 12 ’24 to buy 13000.0 shares. Meanwhile, Head of U.S. Personal Banking LUCHETTI GONZALO sold 13254.0 shares on Aug 20 ’24.
