<div id="readability-page-1"><p><span>Citigroup (NYSE:C - Get Free Report)</span> had its price target cut by Evercore ISI  from $79.00 to $76.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an &#34;in-line&#34; rating on the stock. Evercore ISI's price objective indicates a potential upside of 8.28% from the company's current price.</p><ul><li>CAVA Group Stock: Time to Take the Dip on This Investment Trip?</li></ul><p>Several other equities research analysts have also weighed in on the company. Keefe, Bruyette &amp; Woods boosted their target price on Citigroup from $85.00 to $92.00 and gave the stock an &#34;outperform&#34; rating in a report on Thursday, January 16th. Truist Financial initiated coverage on shares of Citigroup in a research note on Tuesday, January 7th. They issued a &#34;buy&#34; rating and a $85.00 price objective for the company. StockNews.com downgraded Citigroup from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Sunday. Piper Sandler  restated an &#34;overweight&#34; rating and set a $83.00 target price (up previously from $80.00) on shares of Citigroup in a research report on Thursday, January 16th. Finally, The Goldman Sachs Group lowered their price target on Citigroup from $90.00 to $80.00 and set a &#34;buy&#34; rating on the stock in a research report on Wednesday, March 19th. Four research analysts have rated the stock with a hold rating and eleven have assigned  a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $84.29.</p><p><b>View Our Latest Stock Analysis on Citigroup</b></p><h2>Citigroup Price Performance</h2><ul><li>5 Hot Stock Buys for Investors in April</li></ul><p>Shares of NYSE C traded down $0.80 during trading on Tuesday, hitting $70.19. The company had a trading volume of 1,868,869 shares, compared to its average volume of 15,700,219. The business's 50-day moving average is $76.88 and its 200 day moving average is $70.91. The company has a market cap of $132.11 billion, a P/E ratio of 11.78, a PEG ratio of 0.64 and a beta of 1.43. Citigroup has a 52 week low of $53.51 and a 52 week high of $84.74. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.96 and a current ratio of 0.96. </p><p>Citigroup (NYSE:C - Get Free Report) last posted its quarterly earnings results on Wednesday, January 15th. The company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.12. The firm had revenue of $19.58 billion for the quarter, compared to analyst estimates of $19.51 billion. Citigroup had a return on equity of 6.62% and a net margin of 7.43%. Citigroup's quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.84 earnings per share.  Equities research analysts predict that  Citigroup will post 7.53 earnings per share for the current fiscal year. </p><ul><li>3 Stocks Near 52-Week Lows With Strong Rebound Potential</li></ul><p>Citigroup declared that its Board of Directors has approved a stock buyback program on Wednesday, January 15th that allows the company to buyback $20.00 billion in    shares. This buyback authorization allows the company to reacquire up to 13.5% of its stock  through open market purchases. Stock  buyback programs are typically a sign that the company's management believes its stock is undervalued. </p><h2>Insider Activity at Citigroup</h2><p>In other Citigroup news, CFO Mark Mason sold 58,465 shares of the stock in a transaction on Friday, February 14th. The shares were sold at an average price of $83.21, for a total value of $4,864,872.65. Following the completion of the sale, the chief financial officer now owns 217,331 shares in the company, valued at $18,084,112.51. This trade represents a 21.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Sara Wechter sold 15,125 shares of the firm's stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $81.01, for a total transaction of $1,225,276.25. Following the transaction, the insider now directly owns 109,780 shares in the company, valued at $8,893,277.80. This represents a 12.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 103,590 shares of company stock valued at $8,523,149. Corporate insiders own  0.08% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>A number of hedge funds and other institutional investors have recently bought and sold shares of C. Norges Bank bought a new position in  Citigroup in the fourth quarter valued at about $1,935,599,000.  Capital World Investors boosted its position in shares of  Citigroup by 455.2% during the 4th quarter. Capital World Investors now owns 31,352,582 shares of the company's stock valued at $2,206,908,000 after purchasing an additional 25,705,141 shares in the last quarter.  FMR LLC increased its holdings in  Citigroup by 29.7% in the fourth quarter. FMR LLC now owns 34,362,176 shares of the company's stock worth $2,418,754,000 after purchasing an additional 7,863,718 shares in the last quarter.  Franklin Resources Inc. lifted its stake in  Citigroup by 18.5% in the third quarter. Franklin Resources Inc. now owns 30,027,213 shares of the company's stock valued at $1,998,976,000 after buying an additional 4,680,713 shares during the period.  Finally, Swedbank AB boosted its holdings in shares of  Citigroup by 90.2% during the 4th quarter. Swedbank AB now owns 8,326,745 shares of the company's stock worth $586,120,000 after buying an additional 3,947,912 shares in the last quarter. Institutional investors and hedge funds own  71.72% of the company's stock. </p><h2>About Citigroup</h2> (Get Free Report)<p>Citigroup Inc, a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Citigroup</li><li>How to Calculate Inflation Rate</li><li>Berkshire Hathaway Gains Defy Stock Market Slump </li><li>How to Invest in Small Cap Stocks </li><li>Palantir Stock Builds Momentum on New Partnership</li><li>Russell 2000 Index, How Investors Use it For Profitable Trading</li><li>Tech Sell-Off Makes Microsoft Stock Look Like a Steal</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUM?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUM"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Citigroup Right Now?</h2><p>Before you consider Citigroup, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Citigroup wasn't on the list.</p><p>While Citigroup currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Evercore ISI has lowered its price target for Citigroup (NYSE:C) from $79.00 to $76.00, maintaining an "in-line" rating. This new target suggests an 8.28% upside from the current price. Other analysts have varied opinions, with some raising their targets and ratings. Citigroup's stock recently traded at $70.19, with a market cap of $132.11 billion. The company also announced a $20 billion stock buyback program, indicating management's belief in the stock's undervaluation.</p>

Citigroup (NYSE:C) Price Target Lowered to $76.00 at Evercore ISI