The Goldman Sachs Group Raises Citigroup (NYSE:C) Price Target to $137.00

Citigroup (NYSE:C) had its target price increased by equities research analysts at The Goldman Sachs Group from $123.00 to $137.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. The Goldman Sachs Group’s target price indicates a potential upside of 17.25% from the company’s current price.

A number of other equities analysts have also commented on the company. Piper Sandler set a $135.00 price objective on Citigroup in a research note on Thursday, January 15th. Wells Fargo & Company set a $150.00 price objective on Citigroup in a research note on Monday, January 5th. TD Cowen reiterated a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. Zacks Research lowered Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. Finally, JPMorgan Chase & Co. boosted their price target on Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $127.41.

Citigroup Trading Down 0.4%

Citigroup stock opened at $116.84 on Monday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00. The business’s 50-day simple moving average is $112.83 and its 200-day simple moving average is $108.87. The firm has a market capitalization of $204.40 billion, a PE ratio of 16.76, a PEG ratio of 0.74 and a beta of 1.11. Citigroup has a 52 week low of $56.07 and a 52 week high of $125.16.

Citigroup (NYSE:C) last posted its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.16. The business had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.34 earnings per share. Equities research analysts forecast that Citigroup will post 7.53 earnings per share for the current year.

Insider Buying and Selling at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $111.09, for a total value of $4,796,088.57. Following the sale, the insider directly owned 45,835 shares in the company, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.08% of the company’s stock.

Institutional Investors Weigh In On Citigroup

Large investors have recently modified their holdings of the stock. Mcguire Capital Advisors Inc. bought a new stake in shares of Citigroup in the 4th quarter valued at approximately $25,000. Wolff Wiese Magana LLC boosted 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 worth $26,000 after acquiring an additional 120 shares in the last quarter. Richards Merrill & Peterson Inc. acquired a new position in shares of Citigroup in the 4th quarter worth approximately $28,000. TD Capital Management LLC acquired a new position in shares of Citigroup in the 4th quarter worth approximately $28,000. Finally, Dunhill Financial LLC boosted its holdings in shares of Citigroup by 92.2% in the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock worth $32,000 after acquiring an additional 153 shares in the last quarter. 71.72% of the stock is currently owned by institutional investors.

Key Stories Impacting Citigroup

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.