News coverage about Citigroup (NYSE:C) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Citigroup earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.727110064207 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
- Why Consumer Debt is Canada's Greatest Economic Risk (finance.yahoo.com)
- The Twin Cities Women’s Expo Announces Mainstage Appearances (prnewswire.com)
- Shareholders Approve Old Point Financial Corporation’s Acquisition of Citizens National Bank (prnewswire.com)
- BRIEF-Shareholders Approve Old Point Financial Corporation’s Acquisition Of Citizens National Bank (feeds.reuters.com)
- 10 Cities with Most Rainy Days in the World (feedproxy.google.com)
Shares of Citigroup (NYSE C) traded down $0.13 during trading on Thursday, reaching $73.34. The company had a trading volume of 13,330,963 shares, compared to its average volume of 17,470,000. Citigroup has a 1-year low of $56.55 and a 1-year high of $80.70. The company has a market capitalization of $193,910.00, a P/E ratio of 13.48, a P/E/G ratio of 1.09 and a beta of 1.51. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.01 and a quick ratio of 1.01.
The business also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 5th were issued a dividend of $0.32 per share. The ex-dividend date was Friday, February 2nd. This represents a $1.28 annualized dividend and a yield of 1.75%. Citigroup’s dividend payout ratio (DPR) is currently 23.53%.
Several brokerages have issued reports on C. Morgan Stanley boosted their price target on Citigroup from $92.00 to $93.00 and gave the company an “overweight” rating in a research note on Thursday. ValuEngine lowered Citigroup from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 1st. Macquarie boosted their price target on Citigroup from $82.00 to $84.00 and gave the company a “neutral” rating in a research note on Monday, February 12th. DZ Bank raised Citigroup from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Finally, Vetr downgraded Citigroup from a “sell” rating to a “strong sell” rating and set a $61.20 price objective for the company. in a report on Monday, February 5th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and fifteen have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $79.69.
COPYRIGHT VIOLATION WARNING: This piece was reported by BBNS and is the property of of BBNS. If you are reading this piece on another domain, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this piece can be read at https://baseballnewssource.com/2018/03/15/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-citigroup-c-stock-price-2/1983298.html.
Citigroup Company Profile
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.
Receive News & Ratings for Citigroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citigroup and related companies with MarketBeat.com's FREE daily email newsletter.