Analyst Ratings for Citigroup Inc. (C)Updated: 2017-07-28
An average rating of Overweight has been given to Citigroup Inc. (NYSE:C) by analysts covering the stock. About 30 days ago, C was issued an average rating of Overweight.
30 analysts issued ratings on the stock, where 14 gave C a buy rating, 3 issued an overweight rating, 11 issued a hold rating, 0 issued an underweight rating, and 2 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has decreased by 1.
Several price targets were given for C by the analysts covering the stock. The most optimistic analyst gave a price target of 81, which equates to a potential upside of 19.82 percent. The most pessimistic price target was 50, implying potential capital losses of -26.04 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.53 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.28 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.29 percent. If we look at the last 90 days instead, we find a net average change of -0.19 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 3 analysts increased their quarterly estimates, while 4 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 3 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of C to grow at a rate of 4.17 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of C is 3.24.
C has traded between a high of 68.91 and a low of 42.50 over the past year. The current market price is above the trailing year's low by 59.06 percent, and 1.9 percent below the high. C has a P/E ratio of 13.49. Investors typically compare the P/E ratio to a company's peers in the industry. The C value stock report compares C to some of its peers using value stock charts. The stock has a market capitalization of $185.25 billion. C will post this quarters earnings in days, on 0000-00-00.