Citigroup Inc (NYSE:C) shares traded -0.58% lower at $68.60 on Wall Street last session.
C stock price is now 7.84% away from the 50-day moving average and 11.68% away from the 200-day moving average. The market capitalization of the company currently stands at $129.74B.
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With the price target enhanced from $58 to $60, Evercore ISI maintained In-line rating for Citigroup Inc (NYSE: C). On March 25, 2024, Wells Fargo reiterated its ‘Overweight’ rating on the stock by increasing its target price from $70 to quote $80, while ‘Goldman’ rates the stock as ‘Buy’
In other news, Henry Peter B., Director sold 13,000 shares of the company’s stock on Nov 11 ’24. The stock was sold for $909,675 at an average price of $69.97. Upon completion of the transaction, the Director now directly owns 3,023 shares in the company, valued at $0.21 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 12 ’24, Director Peter B. Henry bought 13,000 shares of the business’s stock. A total of $908,355 was incurred on buying the stock at an average price of $69.87. A total of 0.28% of the company’s stock is owned by insiders.
During the past 12 months, Citigroup Inc has had a low of $44.56 and a high of $70.20. According to the stock market information, the enterprise value for the company is $5008765440, which is based on a 19.81 price-to-earnings ratio, a 0.86 price-to-earnings-growth ratio, and a beta of 1.43. The fifty day moving average price for C is $63.4016 and a two-hundred day moving average price translates $61.3568 for the stock.
The latest earnings results from Citigroup Inc (NYSE: C) was released for 2024-09-30. The net profit margin was 3.92% and return on equity was 3.73% for C. The company reported revenue of $36.46 billion for the quarter, compared to $34.84 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.65 percent.
