Citigroup with ticker code (C) have now 24 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 120 and 64 with the average target price sitting at 81.74. Given that the stocks previous close was at 64.15 this indicates there is a potential upside of 27.4%. There is a 50 day moving average of 63.43 and the 200 day MA is 69.49. The company has a market capitalisation of $128,362m. Company Website: https://www.citigroup.com
The potential market cap would be $163,560m based on the market concensus.
Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates in two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, Citi-branded cards, and Citi retail services. It also provides various banking, credit card, lending, and investment services through a network of local branches, offices, and electronic delivery systems. The ICG segment offers wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative, equity and fixed income research, corporate lending, investment banking and advisory, private banking, cash management, trade finance, and securities services to corporate, institutional, public sector, and high-net-worth clients. As of December 31, 2020, it operated 2,303 branches primarily in the United States, Mexico, and Asia. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.
