Citigroup with ticker code (C) have now 24 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 99 and 53 calculating the average target price we see 67.06. With the stocks previous close at 49.51 this would imply there is a potential upside of 35.4%. The 50 day moving average now sits at 55.05 and the 200 day moving average is 64.47. The market cap for the company is $93,619m. Company Website: https://www.citigroup.com
The potential market cap would be $126,804m 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.
