Assessing Citigroup: Insights From 13 Financial Analysts
Portfolio Pulse from Benzinga Insights
13 financial analysts have recently shared mixed evaluations of Citigroup (NYSE:C), with a range of bullish to bearish perspectives. The average 12-month price target for Citigroup is now $72.69, marking a 6.76% increase from the previous average of $68.09. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting their response to Citigroup's performance and market conditions. Citigroup's financial indicators show a positive revenue trend but below-average net margin, ROE, and ROA, indicating potential challenges in profitability and asset utilization.
April 01, 2024 | 9:00 pm
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Citigroup has received mixed evaluations from analysts, with an updated average 12-month price target of $72.69. Financial indicators show positive revenue growth but below-average profitability and asset utilization metrics.
The mixed analyst ratings with a slight increase in the average price target suggest a cautiously optimistic outlook for Citigroup. However, the financial indicators such as below-average net margin, ROE, and ROA highlight underlying challenges that could temper short-term stock performance. The relevance of these insights is high as they directly pertain to Citigroup's financial health and market position.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100