Citigroup Inc (NYSE:C) price target dropped to $50.00, reported today by Goldman Sachs Group Inc.
- Updated: September 16, 2016
Indicating a possible upside of 0.06%, Goldman Sachs Group Inc. lowered the estimated target of Citigroup Inc (NYSE:C) to $50.
On Wednesday September 14 2016, Vetr Inc. released a statement about Citigroup Inc(NYSE:C) upped the target price from $0.00 to $45.31. At the time, this indicated a possible downside of -0.04%.
Only yesterday Citigroup Inc (NYSE:C) traded 1.25% lower at $47.02. The company’s 50-day average is $46.25 and its 200-day average is $44.27. The last close is up 5.01% from the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. Trade volume was was down over the average, with 9,224,373 shares of C changing hands under the typical 20,559,500 shares..
Citigroup Inc has a P/E of 10 with a one-year low of $34.52 and a one-year high of $56.46 and has a market cap of $0.0.
A total of 26 analysts have released a report on the stock. Zero rate the company a strong buy, 0 rate the company a buy, 0 firms rate the company a hold, 0 rate the stock to underperform, and finally 0 analystsrate the company as sell with a consensus target price of $56.12
More About Citigroup Inc (NYSE:C)
Citigroup Inc. (Citi) is a financial services holding company. The Company’s businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. It operates through two segments: Citicorp and Citi Holdings. Citicorp is focused on providing products and services to customers and leveraging the Company’s global network, including various economies. Global Consumer Banking (GCB) consists of Citi’s geographical consumer banking businesses that provide traditional banking services to retail customers through retail banking, including commercial banking, and and Citi-branded cards and Citi retail services. Citi Holdings contains businesses and portfolios of assets that Citi has determined are not central to its core Citicorp businesses.
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