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 maximum price target given was 81, implying a possible profit of 19.82 percent. The lowest price target was 50, which equates to a potential downside of -26.04 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.29 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.19 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' 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 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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of C is 3.24.
C has a 52-week high of 68.91 and a 52-week low of 42.50. 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 market cap of C is $185.25 billion. C's next earnings release will be on 0000-00-00, which is days away.