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Citigroup (C) Stock Forecast & Price Target

Citigroup logo
$68.28 -0.32 (-0.47%)
(As of 11/20/2024 ET)

Citigroup - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
5
Buy
11

Based on 17 Wall Street analysts who have issued ratings for Citigroup in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 1 has given a sell rating, 5 have given a hold rating, and 11 have given a buy rating for C.

Consensus Price Target

$73.00
6.91% Upside
According to the 17 analysts' twelve-month price targets for Citigroup, the average price target is $73.00. The highest price target for C is $107.00, while the lowest price target for C is $58.00. The average price target represents a forecasted upside of 6.91% from the current price of $68.28.
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C Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
11 Buy rating(s)
10 Buy rating(s)
6 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
7 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$73.00$71.06$68.06$51.28
Forecasted Upside6.91% Upside11.82% Upside9.53% Upside13.91% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

C Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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C Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Citigroup Stock vs. The Competition

TypeCitigroupFinance CompaniesS&P 500
Consensus Rating Score
2.59
2.49
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside6.91% Upside12.88% Upside9.81% Upside
News Sentiment Rating
Positive News

See Recent C News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/15/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$85.00 ➝ $95.00+39.44%
11/5/2024Oppenheimer
3 of 5 stars
 Boost TargetOutperform ➝ Outperform$91.00 ➝ $107.00+69.09%
10/16/2024Barclays
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$63.00 ➝ $70.00+8.78%
10/16/2024Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$63.00 ➝ $64.00+0.02%
10/16/2024Bank of America
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 Boost TargetBuy ➝ Buy$77.00 ➝ $78.00+24.52%
10/16/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$86.00 ➝ $82.00+30.91%
9/11/2024The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$75.00 ➝ $71.00+24.89%
7/15/2024Argus
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S. Biggar
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Boost TargetBuy ➝ Buy$70.00 ➝ $72.00+12.43%
7/15/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$70.00 ➝ $73.00+13.14%
7/11/2024BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$63.00 ➝ $65.00-1.05%
6/20/2024Keefe, Bruyette & Woods
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 Boost TargetMarket Perform ➝ Market Perform$66.00 ➝ $69.00+13.52%
6/17/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$63.00 ➝ $66.00+11.68%
4/8/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$56.00 ➝ $65.00+5.08%
3/28/2024HSBC
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 Boost TargetBuy ➝ Buy$61.00 ➝ $70.00+11.55%
1/8/2024Societe Generale
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 DowngradeHold ➝ Sell
1/3/2024Wolfe Research
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 UpgradePeer Perform ➝ Outperform$58.00+9.33%
12/18/2023Daiwa Capital Markets
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 UpgradeNeutral ➝ Buy$63.00+26.18%
7/18/2023Odeon Capital Group
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 UpgradeHold ➝ Buy$50.51+9.19%
5/24/2023Credit Suisse Group
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 Lower Target$54.00 ➝ $50.00+12.38%
1/6/2023Deutsche Bank Aktiengesellschaft
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 Lower Target$52.00 ➝ $46.00-1.60%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 04:04 AM ET.


Should I Buy Citigroup Stock? C Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, November 3, 2024. Please send any questions or comments about these Citigroup pros and cons to contact@marketbeat.com.

Citigroup
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Citigroup Inc.:

  • Citigroup Inc. has shown consistent growth in revenue and earnings over recent quarters, indicating a strong financial performance.
  • The company has a moderate buy rating from analysts, with an average target price above the current stock price, suggesting potential for stock price appreciation.
  • Citigroup Inc. recently increased its dividend, providing investors with a higher yield, which can be attractive for income-focused investors.
  • The stock has a relatively low P/E ratio of 17.33, which may indicate that it is undervalued compared to its earnings potential.
  • With a diversified range of financial products and services, Citigroup Inc. has a broad market presence that can help mitigate risks associated with specific sectors.

Citigroup
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Citigroup Inc. for these reasons:

  • Despite recent positive developments, Citigroup Inc. faces competition from other financial institutions that may impact its market share and profitability.
  • The company's debt-to-equity ratio of 1.47 is relatively high, which could pose risks in case of economic downturns or rising interest rates.
  • Citigroup Inc.'s stock price has been fluctuating, indicating potential volatility that may not be suitable for conservative investors.
  • The current ratio and quick ratio of the company are both at 0.94, which may raise concerns about its short-term liquidity position.
  • While the company has a positive outlook, macroeconomic factors such as interest rate changes or regulatory shifts could impact Citigroup Inc.'s performance.

C Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Citigroup is $73.00, with a high forecast of $107.00 and a low forecast of $58.00.

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Citigroup in the last twelve months. There is currently 1 sell rating, 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" C shares.

According to analysts, Citigroup's stock has a predicted upside of 6.91% based on their 12-month stock forecasts.

Citigroup has been rated by research analysts at Bank of America, Barclays, Evercore ISI, Morgan Stanley, Oppenheimer, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.

Citigroup also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.

Analysts like Citigroup more than other "finance" companies. The consensus rating for Citigroup is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how C compares to other companies.


This page (NYSE:C) was last updated on 11/21/2024 by MarketBeat.com Staff
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