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What Wall Street Recommends for Citigroup Stock in 2018

Robert Karr
What Wall Street Recommends for Citigroup Stock in 2018

Valuations for banks have improved in recent quarters due to improvement in earnings from core banking, trading, and the asset management businesses. Citigroup (C) has received strong ratings in May 2018. Of the 29 analysts covering the bank, 17 have given the bank “strong buy” or “buy” ratings, ten analysts have given the stock “hold” ratings, and two analysts are recommending an “underperform” or “sell.” The bank has a one-year forward price target of $83.91 with an upside of 15.2% based on its current price.