Citigroup To Report Earnings On Friday; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Citigroup Inc. C is expected to report results for its latest quarter on Friday, January 13, 2023.

Analysts expect the bank to report quarterly earnings of $1.17 per share on revenue of $17.93 billion.

Citigroup shares rose 1.1% to close at $48.71 on Wednesday, and added 0.3% in today’s pre-market trading session.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the bank in the recent period.

• Morgan Stanley’s analyst Betsy Graseck maintained an Underweight rating on January 6, 2023, and slashed the price target from $45 to $41. This analyst sees around 15% downside in the company’s stock and has an accuracy rate of 61%.
• Barclays analyst Jason Goldberg maintained an Equal-Weight rating on January 3, 2023, and raised the price target from $57 to $61. This analyst sees around 25% upside in the company’s stock and has an accuracy rate of 46%.
• Oppenheimer analyst Chris Kotowski maintained an Outperform rating on December 28, 2022, and cut the price target from $90 to $87. This analyst sees around 78% upside in the company’s stock and has an accuracy rate of 78%.
• Piper Sandler’s analyst Scott Siefers initiated coverage on the stock with a Neutral rating on the stock on December 8, 2022, with a price target of $48. This analyst sees around 1% downside in the company’s stock and has an accuracy rate of 60%.
• BMO Capital’s analyst James Fotheringham maintained an Outperform rating on October 17, 2022, and cut the price target from $76 to $71. This analyst sees around 45% upside in the company’s stock and has an accuracy rate of 64%.

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