Citigroup (C) to Release Earnings on Thursday
Citigroup (NYSE:C) is scheduled to post its quarterly earnings results on Thursday, January 16th. Investors that wish to listen to the company’s conference call can do so using this link.
Shares of Citigroup (NYSE:C) opened at 53.95 on Wednesday. Citigroup has a 52 week low of $40.28 and a 52 week high of $55.28. The stock’s 50-day moving average is $52.4 and its 200-day moving average is $50.80. The company has a market cap of $163.6 billion and a P/E ratio of 13.55.
Several analysts have recently commented on the stock. Analysts at TheStreet reiterated a “buy” rating on shares of Citigroup in a research note to investors on Thursday, January 9th. On a related note, analysts at Nomura initiated coverage on shares of Citigroup in a research note to investors on Thursday, January 9th. They set a “buy” rating and a $70.00 price target on the stock. Finally, analysts at Jefferies Group initiated coverage on shares of Citigroup in a research note to investors on Wednesday, January 8th. They set a “hold” rating and a $60.00 price target on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $59.66.
Citigroup Inc (NYSE:C) is a global diversified financial services holding company whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management.
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