Jefferies Group downgraded Citigroup Inc (NYSE:C) to Hold in a statement released earlier today.
- Updated: November 28, 2016
Jefferies Group has downgraded Citigroup Inc (NYSE:C) to Hold in a statement released on Monday November 28, 2016.
On 11/21/2016, Vetr Inc. released a statement on Citigroup Inc (NYSE:C) upped the target price from $0.00 to $48.79 that suggested a downside of -0.12%.
Having a price of $56.03, Citigroup Inc (NYSE:C) traded -1.22% lower on the day. With the last close up 20.38% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. C has recorded a 50-day average of $51.14 and a two hundred day average of $46.59. Trade Volume was down over the average, with 5,451,668 shares of C changing hands under the typical 20,205,100
Recent Performance Chart
Citigroup Inc has 52 week low of $34.52 and a 52 week high of $56.83 with a P/E ratio of 12.20 and has a market cap of $0.
In addition to Jefferies Group reporting its target price, a total of 26 firms have reported on the stock. The consensus target price is $56.12 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On 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 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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