Navigate through 9 recent analyst ratings for Citigroup C within the last quarter:

In the last 3 months, 9 analysts have offered 12-month price targets for Citigroup. The company has an average price target of $60.22 with a high of $85.00 and a low of $41.00.

Check out a summary of analyst ratings for Citigroup by 9 analysts in the last 3 months. A higher proportion of bullish ratings indicates positive sentiment, while bearish ratings suggest a negative outlook.

This upward trend is evident, with the current average reflecting a 1.11% increase from the previous average price target of $59.56.

Understanding Analyst Ratings: A Comprehensive Breakdown

Delve into the insights of financial experts and analysts as we provide a comprehensive breakdown of their recent evaluations for Citigroup. Our Ratings Table below offers a detailed overview of the decisions made by key analysts, their current ratings, and price targets. Understanding how these experts perceive the company can yield valuable insights into potential market trends and investor sentiment.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Citigroup. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Citigroup compared to the broader market.
• Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

For valuable insights into Citigroup's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Citigroup analyst ratings.

Unveiling the Story Behind Citigroup

Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group and the personal banking and wealth-management group. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.

Citigroup: Delving into Financials

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Positive Revenue Trend: Examining Citigroup's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.41% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.

Net Margin: Citigroup's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 16.0%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Citigroup's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 1.67%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Citigroup's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.13%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Citigroup's debt-to-equity ratio stands notably higher than the industry average, reaching 1.68. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Core of Analyst Ratings: What Every Investor Should Know

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.