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RBC Capital Markets issued a report on Citigroup Inc. (NYSE:C), upping its target price to $79.00 today

Citigroup Inc. (NYSE:C) had its stock price target increased to $79.00 by RBC Capital Markets in a report issued Friday October 13, 2017. The updated stock price target implies a possible upside of 0.10% based on the company's previous closing price.

Just yesterday Citigroup Inc. (NYSE:C) traded -3.43% lower at $72.10. Citigroup Inc.’s 50-day moving average is $70.67 and its 200-day moving average is $65.24. The last closing price is up 10.93% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 9,985 shares of C traded hands, down from an average trading volume of 16,060,900

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Citigroup Inc. (NYSE:C)

Citigroup Inc. has price-earnings ratio of 14.49 with a one year low of $47.70 and a one year high of $76.14 and has a total market value of $0.

A total of 26 equity analysts have released a ratings update on C. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $56.12.

Brief Synopsis About Citigroup Inc. (NYSE:C)

Citigroup Inc. (Citi) is a financial services holding company. The Company's whose 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. The Company operates through two segments: Citicorp and Citi Holdings. Citicorp is the Company's global bank for consumers and businesses and represents its core franchises. Citicorp is focused on providing products and services to customers and leveraging the Company's global network, including various economies. As of December 31, 2016, Citicorp was present in 97 countries and jurisdictions, and offered services in over 160 countries and jurisdictions. Global Consumer Banking (GCB) provides traditional banking services to retail customers through retail banking, including Citi-branded cards and Citi retail services.

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