Citigroup found using ticker (C) have now 24 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 120 and 64 calculating the average target price we see 81.74. Given that the stocks previous close was at 54.88 this is indicating there is a potential upside of 48.9%. The day 50 moving average is 63.3 and the 200 moving average now moves to 67.79. The company has a market cap of $107,468m. You can visit the company’s website by visiting: https://www.citigroup.com
The potential market cap would be $160,066m based on the market concensus.
Citigroup , 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 was founded in 1812 and is headquartered in New York, New York.