Stocks of Citigroup Inc (NYSE:C) traded higher last session on Wall Street, down -0.63% to $70.54.
C stock price is now -7.92% away from the 50-day moving average and 3.83% away from the 200-day moving average. The market capitalization of the company currently stands at $132.77B.
With the price target enhanced from $70 to $95, Barclays Upgraded its rating from Equal Weight to Overweight for Citigroup Inc (NYSE: C). On December 03, 2024, Keefe Bruyette Upgraded its previous ‘Mkt Perform’ rating to ‘Outperform’ on the stock increasing its target price from $70 to quote $82, while ‘Evercore ISI’ rates the stock as ‘In-line’
In other news, Wechter Sara, Chief Human Resources Officer sold 15,125 shares of the company’s stock on Feb 13 ’25. The stock was sold for $1,225,284 at an average price of $81.01. Upon completion of the transaction, the Chief Human Resources Officer now directly owns 109,780 shares in the company, valued at $7.74 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 14 ’25, Hd of Ent Svc & Public Affairs Skyler Edward sold 35,545 shares of the business’s stock. A total of $2,929,263 was realized by selling the stock at an average price of $82.41. This leaves the insider owning 204,727 shares of the company worth $14.44 million. A total of 0.30% of the company’s stock is owned by insiders.
During the past 12 months, Citigroup Inc has had a low of $53.51 and a high of $84.74. According to the stock market information, the enterprise value for the company is $12912187392, which is based on a 11.87 price-to-earnings ratio, a 0.48 price-to-earnings-growth ratio, and a beta of 1.28. The fifty day moving average price for C is $76.611 and a two-hundred day moving average price translates $67.93485 for the stock.
The latest earnings results from Citigroup Inc (NYSE: C) was released for 2024-12-31. The net profit margin was 6.71% and return on equity was 6.04% for C. The company reported revenue of $35.05 billion for the quarter, compared to $36.38 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.66 percent.
