Citigroup (NYSE:C) Given New $130.00 Price Target at Piper Sandler

Citigroup (NYSE:C) had its price target hoisted by investment analysts at Piper Sandler from $120.00 to $130.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Piper Sandler’s target price suggests a potential upside of 11.20% from the stock’s current price.

C has been the topic of a number of other reports. Oppenheimer lowered their price objective on shares of Citigroup from $123.00 to $120.00 and set an “outperform” rating on the stock in a report on Wednesday, November 19th. The Goldman Sachs Group reiterated a “buy” rating and issued a $118.00 price target on shares of Citigroup in a research note on Tuesday, October 14th. Morgan Stanley increased their price objective on shares of Citigroup from $129.00 to $134.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Truist Financial raised their price objective on Citigroup from $112.00 to $123.00 and gave the company a “buy” rating in a report on Thursday, December 18th. Finally, Dbs Bank lowered Citigroup from a “moderate buy” rating to a “hold” rating in a report on Monday, September 22nd. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $115.25.

Citigroup Stock Down 1.0%

C stock traded down $1.22 during trading hours on Tuesday, reaching $116.91. 4,105,689 shares of the stock were exchanged, compared to its average volume of 14,814,254. The firm’s 50-day moving average is $105.45 and its 200-day moving average is $97.59. Citigroup has a 12 month low of $55.51 and a 12 month high of $122.84. The company has a market cap of $209.18 billion, a price-to-earnings ratio of 16.43, a PEG ratio of 0.60 and a beta of 1.21. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.99 and a quick ratio of 0.99.

Citigroup (NYSE:C) last posted its quarterly earnings data on Tuesday, October 14th. The company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.35. The business had revenue of $22.09 billion during the quarter, compared to the consensus estimate of $20.92 billion. Citigroup had a return on equity of 7.91% and a net margin of 8.73%.Citigroup’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the company earned $1.51 earnings per share. On average, equities research analysts expect that Citigroup will post 7.53 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Wolff Wiese Magana LLC lifted its stake in Citigroup by 87.6% in the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after purchasing an additional 120 shares during the last quarter. Dunhill Financial LLC lifted its stake in shares of Citigroup by 92.2% in the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock valued at $32,000 after acquiring an additional 153 shares during the last quarter. Guerra Advisors Inc acquired a new stake in shares of Citigroup during the 3rd quarter valued at $33,000. Howard Hughes Medical Institute acquired a new stake in shares of Citigroup during the 2nd quarter valued at $34,000. Finally, DHJJ Financial Advisors Ltd. grew its position in Citigroup by 157.1% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 414 shares of the company’s stock worth $35,000 after acquiring an additional 253 shares during the last quarter. 71.72% of the stock is owned by institutional investors.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: J.P. Morgan’s Vivek Juneja and other analysts continue to view Citi favorably, with buy/positive commentary highlighting a cleaner risk profile after the Russia exit — this analyst support can cushion shares and attract buyers. Analyst Note
• Positive Sentiment: Broader bank-stock strength and a friendlier Fed narrative are supporting regional and large-bank multiples heading into 2026 — a tailwind for Citi given its scale and trading/investment-banking exposure. Sector Outlook
• Positive Sentiment: Minor institutional buying was reported (Apella Capital added a small stake), which can signal selective investor confidence even amid headline noise. Stake Purchase
• Neutral Sentiment: Citigroup entities in Australia updated holdings (exiting some substantial-holder positions) — routine portfolio/rebalance activity with limited direct impact on C’s valuation. Holdings Update
• Negative Sentiment: Major negative: Citi’s board approved the sale of AO Citibank (its remaining Russia business), which will produce a roughly $1.1–$1.2 billion pre‑tax, non‑cash loss in the current quarter — a sizable hit to Q4 results and a near-term earnings/capital headline driving selling pressure. Sale & Loss Report
• Negative Sentiment: Short-term sentiment and performance comparisons show Citi underperforming peers on the day as investors digest the Russia charge and rotate toward banks with clearer near-term earnings visibility. Underperformance Note

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.