Media stories about Citigroup (NYSE:C) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Citigroup earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.9686811310234 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- Citigroup Has Started Headhunting Bitcoin Pros to Join Its AML Group (coinidol.com)
- Ken Fisher Sells Citigroup, American Express (gurufocus.com)
- Citigroup (C) Lifted to “Neutral” at UBS (americanbankingnews.com)
- Sen. Kennedy fires letters at big banks to protest their post-school shooting firearms policies (theadvocate.com)
- Citigroup’s Mann Sees No Recession, Says Fed Path `Appropriate’ (bloomberg.com)
C has been the topic of several research reports. ValuEngine upgraded shares of Citigroup from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Barclays lifted their price target on Citigroup from $76.00 to $93.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. Credit Suisse Group reissued a “buy” rating and issued a $86.00 price target on shares of Citigroup in a research note on Thursday, January 4th. Keefe, Bruyette & Woods cut Citigroup from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $90.00 to $82.00 in a research note on Tuesday, January 16th. Finally, Jefferies Group reissued a “hold” rating and issued a $83.00 price target on shares of Citigroup in a research note on Tuesday, January 16th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and sixteen have assigned a buy rating to the company. Citigroup presently has a consensus rating of “Hold” and a consensus price target of $81.01.
NYSE:C traded down $0.28 on Friday, hitting $70.00. 17,628,481 shares of the company’s stock traded hands, compared to its average volume of 19,566,040. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.01 and a quick ratio of 1.01. Citigroup has a 1 year low of $57.63 and a 1 year high of $80.70. The stock has a market cap of $180,624.23, a PE ratio of 13.13, a price-to-earnings-growth ratio of 1.02 and a beta of 1.56.
Citigroup (NYSE:C) last released its earnings results on Friday, April 13th. The financial services provider reported $1.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.61 by $0.07. Citigroup had a positive return on equity of 8.13% and a negative net margin of 6.28%. The company had revenue of $18.87 billion for the quarter, compared to analysts’ expectations of $18.89 billion. During the same quarter in the previous year, the business posted $1.35 EPS. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. equities research analysts anticipate that Citigroup will post 6.48 earnings per share for the current year.
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Citigroup Inc, a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services.
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