Citigroup Inc. (NYSE:C) registered a -0.44% decrease, still its new closing price is 66.77% up from the company’s 1 year high of 61.63.It posted 1.78% gains in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 2 sells versus 9 buy or better ratings. The 31 stock analysts following this company have an average price target at $64.54, with individual PT in the $50.00-$80.00 range. The shares moved at $57.11, implying that brokerage firms see shares gaining about 42.53% in twelve months time.
Citigroup Inc. (C) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -3.90% fall year to date. A Head of Human Resources at Citigroup Inc. (C) offloaded shares in a transaction closed on Wednesday July 20, 2016. MURRAY JOSEPH MICHAEL sold 8,122 shares in the company at $44.35 each and collected $360,000 in proceeds. MURRAY JOSEPH MICHAEL now owns 35,042 shares in the company after this transaction. A Director in the company, RODIN JUDITH, disclosed a transaction on Tuesday May 24, 2016 that ended up generating $1,001 from the sale of 36 shares at $45.8 per share.
Citigroup Inc. (NYSE:C) Upcoming Results on Tap
Citigroup Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $1.29 in that period. Sales during the quarter are predicted to arrive at $17.98 billion.
Earnings surprise history: Last quarter, the company posted approximately $17.01 billion in revenue and EPS of $1.14. The mean forecast was for $17.3 billion and $1.12 a share, respectively. One quarter earlier, revenue for the stock was at $17.76 billion, with earnings at $1.24/share.
Citigroup Inc. (C) Brokerage Update
Citigroup Inc. (C) is in Standpoint Research’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Standpoint Research, according to news reported on Tuesday January 10, 2017.Another important research note was issued by Jefferies on Monday November 28, 2016.The firm downgraded C to Hold from Buy. Over the last six months and over the last three months, the shares of Citigroup Inc. (C), have changed 29.99% and 14.57%, respectively.