Citigroup Inc (NYSE:C) soared 0.17% during previous trade, a total of 25.12M shares exchanged hands compared with its average trading volume of 16.31M shares whereas its relative volume is 1.46. The stock has a market capitalization of $158.77B along with 2.75B outstanding shares. Stock’s intraday price range hit the peak level of $60.60 and touched the lowest level of $59.10.
Most recently Citigroup Inc (NYSE:C)’s price target was revised on 5/05/17 and according to 27 analysts stock’s price will reach at $64.85 during 52 weeks with standard deviation of 7.69. Stock’s minimum price target estimates has been figured out at $50 while the maximum price target forecast is established at $78, if we look at the price target with an optimistic approach it has upside potential of 30% from its latest closing price of $60.08.
Historically, if we look at price target revisions, three weeks ago Citigroup Inc (NYSE:C)’s price target was revised on 4/18/17 by the analysts, however the bullish price estimates of the stock set at $77 while the bearish estimates kept at $50 over the next one year. Stock’s 52-week target was retained at $64.50, the estimates indicates a standard deviation of 7.56.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.75. ABR value is precisely based on brokerage recommendations, where out of 16 brokerage recommendations 11 rate Citigroup Inc (NYSE:C) stock a Strong Buy, 0 rate the stocks of the company a Buy, 4 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 4/5/17 the stock of Citigroup Inc (NYSE:C) upgraded by Keefe Bruyette from Mkt Perform to Outperform. However previously on 1/10/17 it was downgraded by Standpoint Research from Buy to Hold. A research note issued on 11/28/16 the stock was downgraded by Jefferies from Buy to Hold.
Citigroup Inc (NYSE:C) performance over the past one year soared 32.62% whereas its year to date (YTD) performance indicated a bullish trend of 1.65%. During the last six months the stock rose 8.95%. Quarterly performance of the company shows declining momentum of -0.23% while its last one month trend is positive with 4.35%. Stock’s weekly performance expressed down trend of -1.02%.
The company’s price sits 0.73% above from its 50-day moving average of $59.71 and 10.04% far from the stock’s 200-day moving average which is $58.37. Citigroup Inc (NYSE:C)’s shares are currently trading -3.99% away from the 52-week high price of $62.58 and +58.79% far from the 52-week low price of $37.84.
According to consensus agreement of 23 analysts Citigroup Inc (NYSE:C) will report earnings per share of $1.26 in their quarterly report and it is expected to announce the company’s results on 7/14/17 Before Market Open. For the current quarter the company has high EPS estimates of $1.33 in contradiction of low EPS estimates of $1.17. However a year ago for the same quarter the company has reported $1.24 EPS. Current year EPS projections for Citigroup Inc (NYSE:C) set at $5.2 according to the sentiments of 22 analysts, while its lowest earnings estimates are $4.78 and highest earnings estimates are $5.41.
According to 19 analysts, Citigroup Inc (NYSE:C)’s revenue estimates for the current quarter are $17.72B meanwhile the company has high revenue estimates of $18.16B in contradiction of low revenue estimates of $17.11B. For the current year the company’s revenue estimates are $71.4B compared to low analyst estimates of $70.33B and high estimates of $73.1B according to the projection of 20 analysts.