Citigroup (NYSE:C) Given New $131.00 Price Target at JPMorgan Chase & Co.

Citigroup (NYSE:C) had its price target cut by JPMorgan Chase & Co. from $134.00 to $131.00 in a research note released on Tuesday morning,Benzinga reports. They currently have an overweight rating on the stock.

Several other equities research analysts have also recently commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, January 21st. Piper Sandler set a $135.00 price target on shares of Citigroup in a research report on Thursday, January 15th. The Goldman Sachs Group boosted their price target on shares of Citigroup from $123.00 to $137.00 and gave the stock a “buy” rating in a research report on Monday. Wolfe Research reiterated an “outperform” rating and issued a $141.00 price target on shares of Citigroup in a research report on Wednesday, January 7th. Finally, Morgan Stanley set a $152.00 price target on shares of Citigroup in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $127.41.

Citigroup Stock Performance

C stock opened at $116.84 on Tuesday. The company has a market capitalization of $204.40 billion, a P/E ratio of 16.76, a PEG ratio of 0.74 and a beta of 1.11. The company has a 50-day simple moving average of $112.83 and a 200 day simple moving average of $108.87. Citigroup has a fifty-two week low of $56.07 and a fifty-two week high of $125.16. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.63.

Citigroup (NYSE:C) last posted its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.16. The business had revenue of $19.87 billion during the quarter, compared to the consensus estimate of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.34 earnings per share. Sell-side analysts predict that Citigroup will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 4th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.1%. The ex-dividend date is Monday, May 4th. Citigroup’s payout ratio is presently 34.43%.

Insider Transactions at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the sale, the insider owned 45,835 shares in the company, valued at approximately $5,091,810.15. The trade was a 48.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.08% of the company’s stock.

Institutional Trading of Citigroup

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Mcguire Capital Advisors Inc. acquired a new position in shares of Citigroup in the 4th quarter valued at about $25,000. Wolff Wiese Magana LLC increased its holdings in shares of Citigroup by 87.6% in the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after purchasing an additional 120 shares during the period. Richards Merrill & Peterson Inc. bought a new stake in shares of Citigroup in the 4th quarter valued at approximately $28,000. TD Capital Management LLC bought a new stake in shares of Citigroup in the 4th quarter valued at approximately $28,000. Finally, Dunhill Financial LLC grew its stake in shares of Citigroup by 92.2% in the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock valued at $32,000 after buying an additional 153 shares in the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Goldman Sachs raised its price target to $137 and kept a “buy” rating, signaling stronger sell‑side conviction and implying material upside if guidance/earnings beat expectations. Read More.
• Positive Sentiment: Citigroup declared a quarterly dividend of $0.60 (yield ~2.1%) with an upcoming ex‑dividend date in early May — supports income investors and reduces downside from headline volatility.
• Positive Sentiment: Market commentary highlights Citigroup’s sticky global treasury & trade services and its large international footprint as durable revenue drivers; that business could anchor a recovery and supports a valuation rerating if macro risk eases. Read More.
• Neutral Sentiment: Multiple previews (Seeking Alpha, Zacks) argue Citigroup has the setup to beat Q1 consensus — that can help shares if results and guidance are strong, but upside depends on revenue mix (IB vs. trading vs. TTS). Read More. | Read More.
• Neutral Sentiment: JPMorgan trimmed its price target slightly (from $134 to $131) but left an “overweight” rating — a modest adjustment that tempers near‑term upside but keeps institutional support intact. Read More.
• Neutral Sentiment: Citigroup research pushed back its Fed‑cut forecast (now expecting cuts starting in September). A later start to cuts can be a double‑edged sword for banks: it supports net interest margins longer but may signal persistent inflation and economic risk. Read More.
• Negative Sentiment: Escalating geopolitical risk in the Middle East (threats to power plants and infrastructure) is boosting oil and risk‑off flows — that broader market stress pressures trading volumes, capital markets activity and investor sentiment for big banks. Read More.
• Negative Sentiment: Fed officials warning that inflation risks remain and rate cuts are unlikely in the near term increases macro uncertainty. Elevated inflation and geopolitical shocks can reduce capital markets activity and raise credit/recession risk — negatives for bank revenue and stock multiples. Read More.

About Citigroup

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.