Citigroup (NYSE:C) Receives Outperform Rating from Royal Bank Of Canada

Citigroup (NYSE:C)‘s stock had its “outperform” rating reissued by research analysts at Royal Bank Of Canada in a report released on Thursday,Benzinga reports. They presently have a $121.00 price target on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 3.60% from the company’s previous close.

A number of other research analysts have also commented on the company. Bank of America upped their price target on Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Cowen restated a “hold” rating on shares of Citigroup in a report on Wednesday, January 7th. Wolfe Research reiterated an “outperform” rating and issued a $141.00 target price on shares of Citigroup in a report on Wednesday, January 7th. Barclays boosted their price target on shares of Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Finally, The Goldman Sachs Group raised their price objective on shares of Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Fourteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.24.

Citigroup Trading Up 3.9%

C stock traded up $4.38 during trading on Thursday, reaching $116.79. 2,673,588 shares of the stock traded hands, compared to its average volume of 14,195,502. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.99 and a quick ratio of 0.99. Citigroup has a 52-week low of $55.51 and a 52-week high of $124.17. The firm has a market capitalization of $208.97 billion, a PE ratio of 16.42, a P/E/G ratio of 0.45 and a beta of 1.18. The business’s 50 day moving average price is $109.99 and its 200-day moving average price is $100.72.

Citigroup (NYSE:C) last posted its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.16. Citigroup had a net margin of 8.73% and a return on equity of 7.91%. The business had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same quarter in the previous year, the business posted $1.34 EPS. The business’s quarterly revenue was up 2.1% on a year-over-year basis. As a group, sell-side analysts forecast that Citigroup will post 7.53 earnings per share for the current year.

Institutional Trading of Citigroup

A number of large investors have recently bought and sold shares of C. Brookstone Capital Management boosted its position in Citigroup by 31.5% during the 3rd quarter. Brookstone Capital Management now owns 75,914 shares of the company’s stock valued at $7,705,000 after acquiring an additional 18,176 shares in the last quarter. Permanent Capital Management LP purchased a new stake in Citigroup during the 3rd quarter valued at $1,238,000. Perigon Wealth Management LLC boosted its position in Citigroup by 27.2% in the third quarter. Perigon Wealth Management LLC now owns 75,566 shares of the company’s stock worth $7,670,000 after purchasing an additional 16,171 shares during the last quarter. Keystone Financial Services bought a new stake in shares of Citigroup during the 2nd quarter valued at about $216,000. Finally, Penobscot Investment Management Company Inc. increased its position in shares of Citigroup by 61.5% during the 3rd quarter. Penobscot Investment Management Company Inc. now owns 57,033 shares of the company’s stock valued at $5,789,000 after purchasing an additional 21,720 shares during the last quarter. 71.72% of the stock is owned by hedge funds and other institutional investors.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q4 adjusted EPS beat estimates and loan‑loss provisions came in lighter than expected, which helped lift sentiment and supported the stock. Citigroup Q4 earnings coverage
• Positive Sentiment: Investment‑banking and advisory fees surged (M&A advisory reportedly up ~84%), boosting non‑interest income and signaling a stronger corporate‑client franchise. Citigroup Sees 84% Jump in Fees From M&A Deals
• Positive Sentiment: Analysts remain constructive: J.P. Morgan reiterated a Buy on Citi citing earnings momentum, and other shops (Wolfe Research) have raised price targets — these endorsements provide a lift to investor confidence. Citigroup: Buy Rating on Earnings Momentum Wolfe Research Raises Citigroup PT
• Positive Sentiment: Citi declared a quarterly dividend (maintaining shareholder distributions), which supports yield‑sensitive investors and offsets some short‑term noise.
• Neutral Sentiment: Management is emphasizing a transformation agenda — “the bar is raised” — which signals tighter performance standards; that could mean better long‑term efficiency but creates near‑term execution risk. CEO Signals More Job Cuts
• Neutral Sentiment: Broad bank‑sector volatility and valuation re‑rating after several banks reported earnings is pressuring Citi alongside peers; some of the move appears sentiment‑driven rather than purely fundamental.
• Negative Sentiment: Citi recorded a ~$1.2B pre‑tax loss tied to the planned sale/exit of its Russia business; that charge materially trimmed Q4 profit and sparked caution. Citigroup profit hit by Russia charge
• Negative Sentiment: Revenue missed some consensus estimates (non‑interest income softer overall), which capped upside despite the EPS beat. Citigroup shares slide on revenue shortfall
• Negative Sentiment: Citi is cutting ~1,000 jobs this week (part of a multi‑year cost‑takeout plan); layoffs can lower expenses but also signal execution risk and near‑term disruption. Citigroup Cuts 1,000 Jobs This Week
• Negative Sentiment: Regulatory overhang: talk of a 10% cap on credit‑card interest rates has created an industry‑wide risk that would pressure card margins; Citi management warned such caps could shrink credit availability and hurt earnings. Under threat from Trump, Wall Street banks wager they can fend off credit card price controls Citi CFO on rate caps

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.