Citigroup (NYSE:C) Price Target Lowered to $131.00 at JPMorgan Chase & Co.

Citigroup (NYSE:C) had its price target dropped by equities researchers at JPMorgan Chase & Co. from $134.00 to $131.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 12.81% from the stock’s previous close.

A number of other analysts have also commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, January 21st. HSBC reaffirmed a “buy” rating and issued a $87.00 price objective on shares of Citigroup in a research note on Wednesday, January 7th. Truist Financial lifted their price objective on Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Piper Sandler set a $135.00 price objective on Citigroup in a research note on Thursday, January 15th. Finally, TD Cowen reaffirmed a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $127.41.

Citigroup Trading Down 1.1%

Shares of C stock traded down $1.24 during mid-day trading on Tuesday, reaching $116.13. 1,958,335 shares of the stock traded hands, compared to its average volume of 15,039,430. The stock’s fifty day simple moving average is $112.79 and its two-hundred day simple moving average is $108.77. Citigroup has a 1-year low of $56.07 and a 1-year high of $125.16. The company has a market cap of $203.14 billion, a price-to-earnings ratio of 16.69, a price-to-earnings-growth ratio of 0.74 and a beta of 1.11. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.63.

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

Insider Transactions at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction that occurred 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 directly 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.08% of the company’s stock.

Institutional Investors Weigh In On Citigroup

Several hedge funds and other institutional investors have recently modified their holdings of C. Mcguire Capital Advisors Inc. bought a new stake in shares of Citigroup during the fourth quarter valued at approximately $25,000. Wolff Wiese Magana LLC increased its holdings in shares of Citigroup by 87.6% during the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after acquiring an additional 120 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new stake in shares of Citigroup during the fourth quarter valued at approximately $28,000. TD Capital Management LLC bought a new stake in shares of Citigroup during the fourth quarter valued at approximately $28,000. Finally, Dunhill Financial LLC increased its holdings in shares of Citigroup by 92.2% during the third quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock valued at $32,000 after acquiring an additional 153 shares in the last quarter. Institutional investors own 71.72% of the company’s stock.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Goldman Sachs raised its price target on Citigroup to $137 and kept a Buy rating — a direct bullish signal that can support the stock and attract buyers. Goldman Sachs Raises PT on Citigroup (Benzinga)
• Positive Sentiment: Zacks says Citigroup has the setup for earnings growth and a likely beat in the upcoming report — a potential catalyst if results and guidance confirm the thesis. Citigroup (C) Earnings Expected to Grow: Should You Buy? (Zacks)
• Positive Sentiment: Citigroup declared a quarterly dividend of $0.60 per share (record May 4 / payable May 22), which supports yield-focused investors and signals capital return discipline.
• Positive Sentiment: Citi’s macro team now expects Fed rate cuts to start later (September) and to total ~75bp for the cycle — an outlook that, if realized, implies a longer period of higher rates that can bolster net interest margins for large banks. Citigroup pushes back Fed rate cut timeline (Economic Times)
• Neutral Sentiment: Sector commentary expects U.S. banks to deliver solid Q1 results overall, which is supportive for Citigroup but keeps it subject to the same macro/credit/trading dynamics as peers. US banks set to deliver solid first quarter results (Proactive Investors)
• Neutral Sentiment: Citi research activity (e.g., analyst notes on semiconductors) highlights the bank’s ongoing investment-research capabilities — helpful for institutional franchise value but not an immediate stock catalyst. Why Citi Sees Upside in These 2 AI Semiconductor Stocks (TipRanks)
• Negative Sentiment: While EPS beat in the January quarter, Citigroup’s Q4 revenue came in below expectations (reported ~$19.87B vs. consensus ~$20.99B), which keeps attention on revenue drivers (markets & banking fees) heading into Q1 results — a vulnerability if top-line trends disappoint again.
• Negative Sentiment: Intraday trading has been on unusually low volume versus the stock’s average, which can amplify moves and indicate weaker conviction behind today’s decline (possible profit-taking after recent run-up).

Citigroup Company Profile

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.