In yesterday’s Wall Street session, Citigroup Inc (NYSE:C) shares traded at $71.40, down -2.54% from the previous session.
C stock price is now 2.55% away from the 50-day moving average and 11.78% away from the 200-day moving average. The market capitalization of the company currently stands at $135.04B.
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, Henry Peter B., Director sold 13,000 shares of the company’s stock on Nov 11 ’24. The stock was sold for $909,675 at an average price of $69.97. Upon completion of the transaction, the Director now directly owns 3,023 shares in the company, valued at $0.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 12 ’24, Director Peter B. Henry bought 13,000 shares of the business’s stock. A total of $908,355 was incurred on buying the stock at an average price of $69.87. A total of 0.27% of the company’s stock is owned by insiders.
During the past 12 months, Citigroup Inc has had a low of $50.51 and a high of $74.29. According to the stock market information, the enterprise value for the company is $10304307200, which is based on a 20.62 price-to-earnings ratio, a 0.84 price-to-earnings-growth ratio, and a beta of 1.42. The fifty day moving average price for C is $69.6278 and a two-hundred day moving average price translates $63.87565 for the stock.
The latest earnings results from Citigroup Inc (NYSE: C) was released for 2024-09-30. The net profit margin was 3.92% and return on equity was 3.73% for C. The company reported revenue of $36.46 billion for the quarter, compared to $34.84 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.65 percent.
