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.
Many analysts weighed in on price targets for C. The highest price target was 81, implying a possible profit of 19.82 percent. The minimum price target given was 50, which equates to a potential downside of -26.04 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. Meanwhile, fiscal year estimates have been revised upwards by 0.29 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.19 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 3 analysts decreased their estimates.
The growth rate of C's earnings is estimated by analysts to be 4.17 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. 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. Currently the stock is 59.06 percent higher than its low, 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.