Citigroup (C) Scheduled to Post Quarterly Earnings on Monday
Citigroup (NYSE:C) will issue its Q214 quarterly earnings data on Monday, July 14th. Analysts expect the company to announce earnings of $1.10 per share and revenue of $18.94 billion for the quarter.
Citigroup (NYSE:C) opened at 46.90 on Friday. Citigroup has a 52-week low of $45.18 and a 52-week high of $55.28. The stock’s 50-day moving average is $47.82 and its 200-day moving average is $48.77. The company has a market cap of $142.5 billion and a price-to-earnings ratio of 10.90. Citigroup also was the target of some unusual options trading on Thursday. Stock traders acquired 52,132 call options on the company. This represents an increase of approximately 136% compared to the typical volume of 22,092 call options.
A number of analysts have recently weighed in on C shares. Analysts at Keefe, Bruyette & Woods initiated coverage on shares of Citigroup in a research note on Tuesday. They set a “market perform” rating and a $52.00 price target on the stock. On the ratings front, analysts at Oppenheimer raised their price target on shares of Citigroup from $66.00 to $67.00 in a research note on Monday. They now have an “outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Citigroup in a research note on Monday, June 16th. They now have a $58.00 price target on the stock, up previously from $10.00. One analyst has rated the stock with a sell rating, ten have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $58.95.
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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