Citigroup (NYSE:C) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Citigroup (NYSE:C) had its price objective hoisted by equities researchers at Keefe, Bruyette & Woods from $131.00 to $140.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price target would indicate a potential upside of 6.47% from the stock’s previous close.

Several other equities analysts have also recently issued reports on C. Piper Sandler reiterated an “overweight” rating and issued a $145.00 target price on shares of Citigroup in a research note on Wednesday. Oppenheimer boosted their target price on shares of Citigroup from $132.00 to $144.00 and gave the company an “outperform” rating in a research note on Wednesday. TD Cowen reiterated a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. Evercore set a $139.00 target price on shares of Citigroup in a research note on Wednesday. Finally, Zacks Research cut shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $135.94.

Citigroup Stock Performance

NYSE C traded up $1.92 on Wednesday, hitting $131.50. 7,866,281 shares of the company’s stock traded hands, compared to its average volume of 14,893,041. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.63. Citigroup has a 1-year low of $61.30 and a 1-year high of $132.86. The firm’s 50-day moving average price is $113.82 and its two-hundred day moving average price is $109.68. The firm has a market capitalization of $225.50 billion, a PE ratio of 18.85, a P/E/G ratio of 0.65 and a beta of 1.11.

Citigroup (NYSE:C) last posted its earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.43. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The firm had revenue of $24.63 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same period in the previous year, the business posted $1.96 EPS. The business’s revenue was up 14.1% compared to the same quarter last year. As a group, analysts expect that Citigroup will post 7.53 EPS for the current year.

Insider Buying and Selling

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $111.09, for a total value of $4,796,088.57. Following the completion of the sale, the insider owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. The trade was a 48.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.11% of the company’s stock.

Institutional Investors Weigh In On Citigroup

A number of large investors have recently modified their holdings of C. Brighton Jones LLC grew its holdings in shares of Citigroup by 166.9% during the fourth quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock worth $1,407,000 after buying an additional 12,499 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Citigroup by 20.5% during the second quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company’s stock worth $835,000 after buying an additional 1,669 shares in the last quarter. United Bank purchased a new stake in shares of Citigroup during the second quarter worth $972,000. Osterweis Capital Management Inc. grew its holdings in shares of Citigroup by 3,016.7% during the second quarter. Osterweis Capital Management Inc. now owns 935 shares of the company’s stock worth $80,000 after buying an additional 905 shares in the last quarter. Finally, HUB Investment Partners LLC grew its holdings in shares of Citigroup by 26.9% during the second quarter. HUB Investment Partners LLC now owns 15,287 shares of the company’s stock worth $1,301,000 after buying an additional 3,238 shares in the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q1 beat: Citi reported EPS $3.06 and revenue $24.6B, well above expectations, driven by a trading revenue surge and strong investment‑banking fees — the core reason for the rally. Read More.
• Positive Sentiment: Analyst support: Multiple firms raised price targets and reiterated buys after the quarter, providing fresh buy-side validation and likely fueling outperformance. Read More.
• Positive Sentiment: Options flow: Unusually large call buying (about 132k calls, ~+74% vs. average) signals short‑term bullish positioning that can amplify upside. (Intraday options data)
• Neutral Sentiment: Strategic / business wins: Citi and IFC signed a ~1.6 billion rand (~$98M) local‑currency facility to expand financing in South Africa — a diversification/EM lending positive but small vs. Citi’s balance sheet. Read More.
• Negative Sentiment: Private‑credit exposure & oversight risk: Citi disclosed roughly $22B of private‑credit exposure; at the same time the U.S. Treasury is ramping oversight and requesting firm data — the combination raises regulatory and transparency concerns that could weigh on multiples. Read More. — Read More.
• Negative Sentiment: Lingering headwinds flagged: Some coverage noted higher expenses, credit costs and pressure on capital ratios despite the beat — these are watch‑items that could limit multiple expansion if they persist. Read More.

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.