Citigroup Inc.

🇺🇸New York Stock Exchange
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Citigroup Inc. stock analysis C overview
Bullish +75

Citigroup (C) Gets a Buy from Barclays

📈 Barclays analyst Jason Goldberg maintained a Buy rating on Citigroup with a price target of $154.00.

⭐ Goldberg holds a 5-star rating with a 13.6% average return and 69.34% success rate covering the financial sector.

🤝 Morgan Stanley's Manan Gosalia recently also maintained a Buy rating for Citigroup in a separate report issued yesterday.

⚖️ However, Evercore ISI maintained a Hold rating on Citigroup as of April 15.

💰 Citigroup reported quarterly revenue of $40.86 billion and net profit of $2.43 billion for the quarter ending December 31.

📉 Revenue decreased slightly year-over-year from $40.9 billion, while net profit fell from $2.86 billion to $2.43 billion.

💸 Corporate insider sentiment is negative following sales by 77 insiders in the past quarter.

🏢 Skyler Edward, Head of Ent Svc & Public Affairs at Citi, sold 25,000 shares totaling $3.28 million earlier this month.

⚠️ TipRanks highlights that insider selling has increased in relation to earlier this year.

Bullish Signals
  • Barclays analyst Jason Goldberg maintained a Buy rating on Citigroup with a price target of $154.00.
  • Analyst Jason Goldberg from Barclays is a 5-star analyst with an average return of 13.6% and a 69.34% success rate, indicating strong track record.
  • Morgan Stanley's Manan Gosalia also maintained a Buy rating on Citigroup in a report issued recently.
  • Citigroup reported quarterly revenue of $40.86 billion for the quarter ending December 31.
  • The company reported net profit of $2.43 billion for the same quarter, demonstrating profitability.
  • Citi identifies Anthropic as the leader in the AI market boom by 2030 with a massive $4.2 trillion opportunity.
Risk Factors
  • Corporate insider sentiment is negative as 77 insiders have increased their selling of C shares compared to earlier in the year.
  • Recent insider activity includes Skyler Edward selling 25,000 shares worth $3,285,250.00, indicating significant executive divestment.
Full Analysis
Barclays analyst Jason Goldberg maintained a Buy rating on Citigroup stock with a price target of $154.00 in a report released on April 30. According to TipRanks, Goldberg is considered a 5-star analyst with an average return of 13.6% and a success rate of 69.34%, covering the Financial sector including Citigroup. This positive rating aligns with recommendations from Morgan Stanley's Manan Gosalia, who issued a Buy on April 29, while Evercore ISI maintained a Hold rating as recently as April 15. In its latest earnings report for the quarter ended December 31, Citigroup reported quarterly revenue of $40.86 billion and a net profit of $2.43 billion. These figures show a slight decline compared to last year, when the company earned revenue of $40.9 billion and net profit of $2.86 billion. The article notes that corporate insider sentiment is negative based on activity from 77 insiders, with selling increasing over the past quarter compared to earlier in the year. For example, Skyler Edward, Head of Ent Svc & Public Affairs at Citigroup, sold 25,000 shares for a total of $3,285,250 earlier this month. The provided text also includes unrelated headlines covering topics such as Pennsylvania state actions regarding vaping regulations involving card companies, claims about Anthropic leading the AI market by 2030, Spirit Airlines creditor groups supporting a Trump bailout plan, and trading activity in Strategy stock. Additionally, mentions are made of bond purchases including Nvidia and JPMorgan, Canadian depositary receipts, and Spanish Mountain Gold investments. The content is marked as containing press releases from third parties that have not been reviewed by The Globe and Mail or Barchart.