News articles about Citigroup (NYSE:C) have trended somewhat negative on Monday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Citigroup earned a media sentiment score of -1.00 on their scale. InfoTrie also gave news stories about the financial services provider an news buzz score of 5 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock’s share price in the near term.
C has been the topic of several research analyst reports. Vining Sparks upgraded shares of Citigroup to a “buy” rating and set a $80.00 price objective on the stock in a research report on Wednesday, October 9th. Deutsche Bank cut shares of Citigroup from a “buy” rating to a “hold” rating in a research report on Monday. JPMorgan Chase & Co. upped their price objective on shares of Citigroup from $77.50 to $84.50 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Goldman Sachs Group increased their price target on shares of Citigroup from $84.00 to $88.00 and gave the company a “buy” rating in a research report on Monday. Finally, Bank of America increased their price target on shares of Citigroup from $78.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. Citigroup presently has an average rating of “Buy” and a consensus price target of $85.66.
NYSE C opened at $79.70 on Monday. Citigroup Inc has a one year low of $53.66 and a one year high of $81.26. The stock has a 50-day moving average of $76.63 and a 200 day moving average of $70.98. The company has a market capitalization of $174.00 billion, a price-to-earnings ratio of 11.98, a PEG ratio of 0.81 and a beta of 1.81. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.00 and a current ratio of 1.00.
Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, October 15th. The financial services provider reported $2.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.95 by $0.12. The business had revenue of $18.57 billion during the quarter, compared to the consensus estimate of $18.54 billion. Citigroup had a return on equity of 10.16% and a net margin of 18.28%. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.73 EPS. On average, equities analysts predict that Citigroup Inc will post 7.52 earnings per share for the current fiscal year.
Citigroup Inc, a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).