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 highest price target was 81, implying a possible profit of 19.82 percent. The most pessimistic analyst gave a price target of 50, which equates to a potential downside of -26.04 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.53 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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.
The growth rate of C's earnings is estimated by analysts to be 4.17 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 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 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 price/earnings 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's next earnings release will be on 0000-00-00, which is days away.