Oppenheimer analyst Chris Kotowski maintained a Buy rating on Citigroup Inc (NYSE:C). on Thursday, setting a price target of $106, which is approximately 109.69% above the present share price of $50.55.
Kotowski expects Citigroup Inc. to post earnings per share (EPS) of $1.05 for the third quarter of 2020.
The current consensus among 13 TipRanks analysts is for a Strong Buy rating of shares in Citigroup, with an average price target of $67.66.
The analysts price targets range from a high of $96 to a low of $56.3.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $20.73 billion and a net profit of $0. The company's market cap is $105.24 billion.
According to TipRanks.com, Oppenheimer analyst Chris Kotowski is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.2% and a 57.87% success rate.
Citigroup, Inc. is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Global Consumer Banking; Institutional Clients Group; and Corporate and Other. The Global Consumer Banking segment provides traditional banking services to retail customers through retail banking, including commercial banking, and Citi-branded cards and Citi retail services. The Institutional Clients Group segment provides corporate, institutional, public sector and high-net-worth clients around the world with a full range of wholesale banking products and services. This segment includes fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance and securities services. The Corporate and Other segment includes certain unallocated costs of global staff functions, other corporate expenses and unallocated global operations and technology expenses, Corporate Treasury, certain North America and international legacy consumer loan portfolios, other legacy assets and discontinued operations. The company was founded in 1812 and is headquartered in New York, NY.