Citigroup, Inc. which can be found using ticker (C) now have 23 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 95 and 41 with the average target price sitting at $58.32. Given that the stocks previous close was at $48.34 and the analysts are correct then we can expect a percentage increase in value of 20.6%. It’s also worth noting that there is a 50 day moving average of $50.05 while the 200 day moving average is $48.34. The total market capitalization for the company now stands at $86,962m. You can visit the company’s website by visiting: https://www.citigroup.com
The potential market cap would be $104,915m 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 through three segments: Institutional Clients Group (ICG), Personal Banking and Wealth Management (PBWM), and Legacy Franchises. 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, and public sector clients. The PBWM segment offers traditional banking services to retail and small business customers through retail banking, cash, rewards, value portfolios, and co-branded cards. It also provides various banking, credit cards, custody, trust, mortgages, home equity, small business, and personal consumer loans. The Legacy Franchises segment provides traditional retail banking and branded card products to retail and small business customers. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.
The company has a dividend yield of 4.2% with the ex dividend date set at 3-2-2023 (DMY).
Other points of data to note are a P/E ratio of 6.33, revenue per share of 36.25 and a 0.64% return on assets.
