Brokerages Set Citigroup Inc. (NYSE:C) Target Price at $127.00

Shares of Citigroup Inc. (NYSE:C) have been assigned an average recommendation of “Moderate Buy” from the twenty ratings firms that are currently covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, fourteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $127.4118.

C has been the topic of several recent research reports. JPMorgan Chase & Co. lowered their price objective on Citigroup from $134.00 to $131.00 and set an “overweight” rating on the stock in a research report on Tuesday. Oppenheimer lowered their price objective on Citigroup from $144.00 to $132.00 and set an “outperform” rating on the stock in a research report on Friday, March 27th. Zacks Research cut Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. The Goldman Sachs Group increased their price objective on Citigroup from $123.00 to $137.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Truist Financial increased their price objective on Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th.

Insider Activity at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $111.09, for a total value of $4,796,088.57. Following the transaction, the insider owned 45,835 shares in the company, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.08% of the company’s stock.

Institutional Investors Weigh In On Citigroup

Several institutional investors and hedge funds have recently bought and sold shares of C. Norges Bank bought a new stake in Citigroup during the fourth quarter worth about $2,800,944,000. Vanguard Group Inc. lifted its position in Citigroup by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 163,239,926 shares of the company’s stock worth $19,048,467,000 after purchasing an additional 4,938,923 shares during the period. Bank of New York Mellon Corp lifted its position in Citigroup by 17.6% during the third quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company’s stock worth $2,854,788,000 after purchasing an additional 4,211,099 shares during the period. Capital World Investors lifted its position in Citigroup by 6.5% during the third quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock worth $4,797,292,000 after purchasing an additional 2,871,074 shares during the period. Finally, Bessemer Group Inc. lifted its position in Citigroup by 6,172.0% during the third quarter. Bessemer Group Inc. now owns 2,904,795 shares of the company’s stock worth $294,838,000 after purchasing an additional 2,858,481 shares during the period. Institutional investors own 71.72% of the company’s stock.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Geopolitical relief: global markets rallied after a U.S.–Iran ceasefire reduced haven demand and pushed oil lower, easing a key downside risk for bank earnings and credit stress — a broad market tailwind for big banks like Citi. Dollar Erases 2026 Gains
• Positive Sentiment: Bank earnings season kickoff: Zacks notes JPMorgan, Citigroup and Wells Fargo start the March-quarter reporting cycle on April 14; the sector rebound after the ceasefire has raised expectations that banks may report resilience. What Can Investors Expect from Bank Earnings?
• Positive Sentiment: Fundamental/strategic support: market commentary highlights Citi’s relative strength during the conflict and its sticky global treasury & trade franchise — a structural revenue source that could lead Citi to outperform on a recovery. The War Won’t Last Forever
• Positive Sentiment: Analyst support: Goldman Sachs raised its price target on C to $137, signaling more upside from institutional coverage; smaller estimate bumps (Erste Group nudging FY26 EPS) add to the constructive analyst tone. Goldman Sachs Raises Citi Price Target Erste Group Estimate Note
• Neutral Sentiment: Street nuance: JPMorgan trimmed its Citi price target slightly (still “overweight”), a reminder analyst views vary — this is a modest signal rather than a change in conviction. Benzinga: JPMorgan PT Change
• Neutral Sentiment: Citi research stance: Citi pushed out the expected Fed rate‑cut timeline to September in recent notes — a longer-for-higher-rates scenario can help bank net interest margins but also risks slower growth; impact is ambiguous near term. Citi Delays Fed Cut Timeline
• Neutral Sentiment: Business execution moves: Citi is tightening targets for private/wealth bankers and pressing to close gaps with rivals — positive for medium‑term revenue but may pressure near-term comp/expenses. Citi Tougher Targets for Private Bankers
• Positive Sentiment: Client activity example: Citi-backed commercial activity continues (e.g., Axis Capital extended a $300M facility with Citibank Europe), highlighting ongoing client franchise strength. Axis Capital Credit Facility
• Negative Sentiment: Macro/earnings risk still present: investors will watch upcoming CPI/PCE prints and Citi’s April 14 earnings — sticky inflation or a revenue miss could reverse the relief rally, so headline risk remains. Inflation & Dividend Strategy
• Negative Sentiment: Broader geopolitical risk: commentators (e.g., Ray Dalio coverage) warn of prolonged conflict risk — if tensions re‑escalate the earlier relief could fade quickly, pressuring bank multiples. Ray Dalio Warns on Prolonged Conflict

Citigroup Stock Up 5.5%

C stock opened at $123.54 on Friday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market capitalization of $216.11 billion, a price-to-earnings ratio of 17.72, a PEG ratio of 0.74 and a beta of 1.11. The business’s fifty day moving average price is $113.02 and its two-hundred day moving average price is $108.97. Citigroup has a fifty-two week low of $56.07 and a fifty-two week high of $125.16.

Citigroup (NYSE:C) last posted its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.16. The firm had revenue of $19.87 billion for the quarter, compared to analysts’ expectations of $20.99 billion. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.34 EPS. On average, equities analysts anticipate that Citigroup will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be given a $0.60 dividend. The ex-dividend date is Monday, May 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. Citigroup’s dividend payout ratio (DPR) is presently 34.43%.

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.