Headlines about Citigroup (NYSE:C) have been trending somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Citigroup earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.8568318324885 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s analysis:
- Ukraine to Compensate a Citizen in Bitcoin – for ”Moral Damages” (news.bitcoin.com)
- Citigroup Needs More Senior Women At Its Asia Markets Unit (markets.businessinsider.com)
- Citi First Quarter 2018 Fixed Income Investor Review (finance.yahoo.com)
- President Trump Bans US Citizens from Buying Venezuela’s Petro (bitcoinist.com)
- Breaking: Trump Bans US Citizens, Residents from Venezuela’s Crypto ‘Petro’ (ccn.com)
Shares of Citigroup stock traded down $0.77 on Monday, hitting $72.70. 15,128,377 shares of the stock traded hands, compared to its average volume of 17,024,260. Citigroup has a 12 month low of $56.55 and a 12 month high of $80.70. The company has a market capitalization of $188,822.75, a PE ratio of -23.45, a PEG ratio of 1.06 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 firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 5th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, February 2nd. This represents a $1.28 annualized dividend and a dividend yield of 1.76%. Citigroup’s dividend payout ratio is presently -41.29%.
Several equities research analysts recently issued reports on the stock. Morgan Stanley raised their target price on shares of Citigroup from $92.00 to $93.00 and gave the company an “overweight” rating in a research note on Thursday. ValuEngine upgraded shares of Citigroup from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Deutsche Bank set a $74.00 target price on shares of Citigroup and gave the company a “neutral” rating in a research note on Wednesday, January 17th. Wells Fargo set a $100.00 target price on shares of Citigroup and gave the company a “buy” rating in a research note on Wednesday, January 17th. Finally, Credit Suisse Group reiterated a “buy” rating and issued a $86.00 target price on shares of Citigroup in a research note on Thursday, January 4th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and fifteen have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $79.69.
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Citigroup Inc, a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services.
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