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.
C was given price targets by several analysts. The most optimistic price target was 81, implying potential capital gains 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.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.53 percent. 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. 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 made positive revisions to their quarterly estimates over the past month, which can be compared to the 4 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 3 analysts made negative revisions to their fiscal year's estimates.
C has an estimated earnings growth rate of 4.17 percent as forecasted by analysts. 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. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of C is 3.24.
In the trailing 52-weeks, C hit 68.91 at the highest peak, while it's lowest trading point was 42.50. Today's price is 59.06 percent above the 52-week low, and below the high by 1.9 percent. 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.