15-05-2025
Wells Fargo Sticks to Its Buy Rating for Citigroup (C)
Wells Fargo analyst Mike Mayo reiterated a Buy rating on Citigroup (C – Research Report) yesterday and set a price target of $110.00. The company's shares closed yesterday at $75.29.
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Mayo covers the Financial sector, focusing on stocks such as Fifth Third Bancorp, JPMorgan Chase, and Citigroup. According to TipRanks, Mayo has an average return of 13.3% and a 65.52% success rate on recommended stocks.
Currently, the analyst consensus on Citigroup is a Strong Buy with an average price target of $88.27, representing a 17.24% upside. In a report released on May 12, Barclays also maintained a Buy rating on the stock with a $95.00 price target.
The company has a one-year high of $84.74 and a one-year low of $53.51. Currently, Citigroup has an average volume of 17.67M.
Based on the recent corporate insider activity of 77 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of C in relation to earlier this year. Earlier this month, JOHN CUNNINGHAM DUGAN, a Director at C sold 4,417.00 shares for a total of $301,460.25.
