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Zacks Investment Research downgraded Citigroup Inc (NYSE:C) to Sell in a report released today.

Zacks Investment Research has downgraded Citigroup Inc (NYSE:C) to Sell in a report released on 6/19/2017.

Yesterday Citigroup Inc (NYSE:C) traded 0.44% higher at $63.89. The company’s 50-day moving average is $68.04 and its 200-day moving average is $63.70. The last stock close price is up 12.19% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 19,788,127 shares of the stock were exchanged, up from an average trading volume of 16,474,500

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Citigroup Inc (NYSE:C)

Citigroup Inc has a 52 week low of $45.16 and a 52 week high of $72.20 with a P/E ratio of 14.31 The company’s market cap is currently $0.

In addition to Zacks Investment Research 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 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

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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