Citigroup (NYSE:C) Price Target Raised to $135.50 at JPMorgan Chase & Co.

Citigroup (NYSE:C) had its price objective increased by JPMorgan Chase & Co. from $131.00 to $135.50 in a report released on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 5.88% from the company’s current price.

Other analysts have also recently issued reports about the stock. Wells Fargo & Company increased their target price on shares of Citigroup from $160.00 to $162.00 and gave the stock an “overweight” rating in a report on Wednesday. UBS Group reissued a “neutral” rating and set a $132.00 target price on shares of Citigroup in a report on Thursday, January 15th. TD Cowen reissued a “hold” rating on shares of Citigroup in a report on Wednesday, January 7th. Morgan Stanley increased their target price on shares of Citigroup from $140.00 to $144.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $139.00 target price on shares of Citigroup in a report on Wednesday, April 15th. One investment 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 company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $136.32.

Citigroup Stock Performance

Shares of NYSE:C traded up $0.36 on Thursday, reaching $127.97. 12,124,694 shares of the company’s stock were exchanged, compared to its average volume of 14,330,453. The firm has a market capitalization of $219.46 billion, a price-to-earnings ratio of 15.86, a PEG ratio of 0.58 and a beta of 1.11. Citigroup has a fifty-two week low of $67.89 and a fifty-two week high of $135.29. The business’s 50-day moving average is $116.77 and its two-hundred day moving average is $112.05. The company has a quick ratio of 1.00, a current ratio of 0.99 and a debt-to-equity ratio of 1.59.

Citigroup (NYSE:C) last issued its earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. The company had revenue of $24.63 billion for the quarter, compared to analysts’ expectations of $22.96 billion. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The firm’s revenue was up 14.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.96 earnings per share. As a group, equities research analysts forecast that Citigroup will post 10.62 EPS for the current year.

Insider Transactions at Citigroup

In related news, insider Edward Skyler sold 25,000 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $131.41, for a total value of $3,285,250.00. Following the completion of the transaction, the insider owned 182,022 shares in the company, valued at $23,919,511.02. This represents a 12.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the completion of the transaction, the insider owned 45,835 shares of the company’s stock, valued at $5,091,810.15. This represents a 48.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 92,318 shares of company stock worth $10,764,814. Corporate insiders own 0.11% of the company’s stock.

Hedge Funds Weigh In On Citigroup

A number of institutional investors and hedge funds have recently bought and sold shares of C. Mcguire Capital Advisors Inc. bought a new position in Citigroup in the 4th quarter valued at about $25,000. Wolff Wiese Magana LLC grew its position in 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 buying an additional 120 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new position in Citigroup in the 4th quarter valued at about $28,000. TD Capital Management LLC bought a new position in Citigroup in the 4th quarter valued at about $28,000. Finally, Dunhill Financial LLC grew its position in 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 own 71.72% of the company’s stock.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts for Citigroup, lifting expectations for future profitability and supporting valuation. Erste Group raises estimates for Citigroup
• Positive Sentiment: Senior hiring push across Asia: Citi hired JPMorgan’s Shukla to lead Asia infrastructure and is recruiting senior bankers in Japan and China to boost cross-border M&A — moves that signal revenue focus in higher-fee product areas. Citigroup Hires JPMorgan’s Shukla as Head of Asia Infrastructure
• Positive Sentiment: Citi continues to strengthen advisory capabilities (hiring Barclays’ Potts to head its shareholder advisory arm outside North America), supporting global advisory revenue growth. Citi hires Barclays’ Potts to head shareholder advisory arm
• Positive Sentiment: Japan expansion: Citigroup’s Japan banking head is pushing expansion despite local talent constraints, indicating management is prioritizing growth in a key region. This supports the narrative of sustained fee and corporate-banking growth. Citigroup’s Japan banking head seeks expansion despite talent crunch
• Positive Sentiment: Recognition in digital assets: Citi was nominated in a BeInCrypto institutional award for digital-asset adoption, underscoring progress in tokenization and fintech services that can unlock new revenue streams. BeInCrypto 100 Institutional Awards Nomination: Citi
• Neutral Sentiment: Regulatory/filing update: Citigroup posted participation notifications in a press release — routine disclosures that typically have limited market impact unless they reveal material insider moves. Participation notifications by Citigroup Inc.
• Neutral Sentiment: Market attention pieces and deal speculation: Several articles flag investor interest and question Citi’s role in complex deals — these can drive volume and short-term volatility but aren’t definitive catalytic events. Is Citigroup (C) At The Center Of A Complex New Deal?
• Negative Sentiment: Reputational/legal risk: A report claims Citi paid an ex-JPMorgan banker $52M despite allegations of bullying and abusive behavior. Such allegations can raise governance and reputational concerns and may weigh on sentiment if they prompt regulatory or media scrutiny. Citi paid ex-JPMorgan banker $52M despite allegations

Citigroup Company Profile

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.