Oppenheimer Lowers Citigroup (NYSE:C) Price Target to $132.00

Citigroup (NYSE:C) had its price target dropped by stock analysts at Oppenheimer from $144.00 to $132.00 in a report released on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer’s price target suggests a potential upside of 18.24% from the company’s previous close.

C has been the topic of several other reports. Piper Sandler set a $135.00 price objective on shares of Citigroup in a research report on Thursday, January 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, January 21st. The Goldman Sachs Group raised their price target on Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Jefferies Financial Group initiated coverage on Citigroup in a research report on Thursday. They issued a “buy” rating and a $135.00 price objective on the stock. Finally, Wells Fargo & Company set a $150.00 price objective on Citigroup in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.00.

Citigroup Trading Down 0.7%

Shares of NYSE:C opened at $111.64 on Friday. The stock has a 50 day moving average of $113.11 and a 200 day moving average of $107.97. The company has a market cap of $195.29 billion, a PE ratio of 16.02, a price-to-earnings-growth ratio of 0.73 and a beta of 1.17. Citigroup has a 12-month low of $55.51 and a 12-month high of $125.16. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.63.

Citigroup (NYSE:C) last released its earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.16. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The company had revenue of $19.87 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same quarter last year, the business earned $1.34 EPS. The firm’s revenue was up 2.1% compared to the same quarter last year. As a group, equities research analysts expect that Citigroup will post 7.53 EPS for the current year.

Insider Activity at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the completion of the transaction, the insider owned 45,835 shares of the company’s stock, valued at $5,091,810.15. This represents a 48.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.08% of the stock is owned by company insiders.

Institutional Investors Weigh In On Citigroup

A number of hedge funds have recently made changes to their positions in C. Mcguire Capital Advisors Inc. purchased a new stake in Citigroup during the 4th quarter valued at $25,000. Wolff Wiese Magana LLC boosted its stake in Citigroup by 87.6% during the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock worth $26,000 after buying an additional 120 shares during the period. Richards Merrill & Peterson Inc. bought a new position in Citigroup during the fourth quarter valued at $28,000. TD Capital Management LLC bought a new position in Citigroup during the fourth quarter valued at $28,000. Finally, Dunhill Financial LLC raised its stake in shares of Citigroup by 92.2% in the third quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock valued at $32,000 after acquiring an additional 153 shares during the period. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Jefferies initiated/upgraded coverage to a buy/strong‑buy with a $135 price target, highlighting upside vs. the current share level and helping lift investor sentiment. Jefferies Initiates Coverage
• Positive Sentiment: BlackRock awarded Citi a middle‑office mandate for ETFs and Citi completed several USD/CNH bond issuances — a show of franchise strength in capital markets and custody that supports fees and market confidence. This coverage/mandate was cited as a near‑term catalyst for the stock. Citigroup Up After BlackRock Mandate
• Positive Sentiment: Citi is expanding precious‑metals custody with a new London gold vault push — a targeted product expansion that can grow fee income and strengthen global custody capabilities. Citigroup Picks London Gold Vault
• Neutral Sentiment: Citibank announced redemptions of $3B of 2026 notes — an active liability management step that reduces near‑term maturities but uses cash/capital; neutral for credit profile but relevant to liquidity planning. Citibank Announces Redemptions
• Neutral Sentiment: Citi research/commentary on proposed stablecoin reward limits suggests USDC growth could slow under new rules — relevant to payments & treasury services exposure but not an immediate earnings shock. Investors should watch regulatory progress. Stablecoin Rewards Limits May Slow USDC Growth
• Negative Sentiment: Senior departures in Asia (co‑head of Asia investment banking) weaken regional leadership and could pressure deal flow or client relationships in a key growth market; markets sometimes penalize such exits until succession is clear. Citi Asia Banking Departure

Citigroup Company Profile

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.