What the Options Market Tells Us About Citigroup
Portfolio Pulse from Benzinga Insights
High-rolling investors are showing a bullish sentiment on Citigroup (NYSE:C) through options trading, with 64% of trades being bullish. The options market suggests a price target range of $45 to $70 for Citigroup. The stock is currently trading at $61.41, with a neutral RSI. Analysts have an average target price of $79, with Morgan Stanley maintaining an Overweight rating.
August 28, 2024 | 4:46 pm
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Options trading on Citigroup shows a bullish sentiment with 64% of trades being bullish. The stock is currently trading at $61.41, with a neutral RSI. Analysts have an average target price of $79, with Morgan Stanley maintaining an Overweight rating.
The options market shows a significant bullish sentiment with 64% of trades being bullish, indicating potential upward movement in Citigroup's stock price. The current trading price is $61.41, and analysts have set a higher target price of $79, further supporting a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100