Morgan Stanley covered Citigroup Inc (NYSE:C), bumping its target to $70.00 earlier today
- Updated: November 29, 2016
Boasting a price of $55.73, Citigroup Inc (NYSE:C) traded 0.09% higher on the day. The last closing price is up 18.80% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. C has recorded a 50-day moving average of $51.37 and a 200-day moving average of $46.73. 15,725,383 shares of Citigroup Inc exchanged hands, down from an avg. volume of 20,265,600
Citigroup Inc (NYSE:C) had its stock price target increased to $70.00 by Morgan Stanley in a report released 11/30/2016. The new stock price target indicates a possible upside of 0.26% from the company's most recent stock price.
With a total market value of $0, Citigroup Inc has 52 week low of $34.52 and a 52 week high of $56.83 with a P/E ratio of 12.07 .
A total of 26 brokers have released a research note on Citigroup Inc. zero firms rating the stock a strong buy, 0 firms rating the stock a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $56.12.
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 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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