Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Citigroup (C) Stock Price

News articles about Citigroup (NYSE:C) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than 20 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 coverage optimism score of 0.18 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.1809522416644 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

Several research analysts have recently weighed in on C shares. Bank of America restated a “neutral” rating on shares of Citigroup in a research note on Wednesday, October 11th. Wells Fargo & Co restated a “buy” rating on shares of Citigroup in a research note on Monday, October 2nd. Keefe, Bruyette & Woods boosted their price target on Citigroup from $80.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, December 14th. Atlantic Securities restated an “overweight” rating and issued a $85.00 price target (up previously from $75.00) on shares of Citigroup in a research note on Tuesday, September 26th. Finally, BMO Capital Markets boosted their price target on Citigroup from $65.00 to $67.00 and gave the stock a “market perform” rating in a research note on Friday, October 13th. One analyst has rated the stock with a sell rating, nine have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $77.92.

Citigroup (NYSE:C) traded up $1.28 during trading on Friday, reaching $76.84. The company had a trading volume of 16,902,707 shares, compared to its average volume of 16,530,000. The stock has a market capitalization of $203,170.00, a PE ratio of 14.81, a PEG ratio of 1.23 and a beta of 1.56. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.01 and a current ratio of 1.01. Citigroup has a 12 month low of $55.23 and a 12 month high of $77.92.

Citigroup (NYSE:C) last posted its quarterly earnings data on Thursday, October 12th. The financial services provider reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.10. The company had revenue of $18.17 billion during the quarter, compared to analysts’ expectations of $17.87 billion. Citigroup had a return on equity of 7.48% and a net margin of 18.11%. Citigroup’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.24 earnings per share. equities research analysts anticipate that Citigroup will post 5.25 EPS for the current fiscal year.

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About Citigroup

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.

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