Keefe Bruyette upgraded Citigroup from Mkt Perform to Outperform and set a new price target of $82.00 from $70.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/3/2024 | $70.00 → $82.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 4/4/2024 | $58.00 → $60.00 | In-line | Evercore ISI |
| 3/25/2024 | $70.00 → $80.00 | Overweight | Wells Fargo |
| 3/14/2024 | $68.00 | Neutral → Buy | Goldman |
| 2/14/2024 | $56.00 → $63.00 | Neutral → Overweight | Piper Sandler |
| 1/30/2024 | $46.00 → $65.00 | Underweight → Overweight | Morgan Stanley |
| 1/10/2024 | $57.00 | Outperform → Market Perform | BMO Capital Markets |
| 1/9/2024 | $42.00 → $61.00 | Hold → Buy | HSBC Securities |
Today, Citi Wealth released its full-year Wealth Outlook for 2025 – Growth Amid Discord: Strategies for a "Rule-Breaking" Expansion. The report offers detailed perspectives on the global economic, market and geopolitical landscape ahead. Having defied usually reliable recession signals, the global economic expansion is expected to continue in 2025 and 2026. Citi Wealth forecasts world GDP to rise 2.9% in 2025 and 2026, up from 2.6% in 2024, with the U.S. remaining the primary growth engine. Forecasted U.S. growth for 2025 has also been updated to 2.4%. "We are advising our investors to keep core portfolios fully invested for the long-term while being wary of over-concentrated portfolios
Demand was pivotal to growth in 2024, ignited by a diverse range of law firm practices including litigation, regulatory, bankruptcy and more Optimism will continue as a key theme in 2025, driven by positive momentum across M&A, corporate and transactional work Citi Wealth and Hildebrandt Consulting today released their 2025 Citi Hildebrandt Client Advisory. The Advisory covers the broad landscape for the legal industry, including ways law firms are responding to market challenges and where they see the greatest opportunities for growth in the year ahead. As forecasted in last year's Client Advisory, 2024 is on track to be a stronger year than 2023. Early indications for the full-ye
Today, Citi (NYSE:C) and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai's TourCard. The TourCard aims to provide international travelers a straightforward, cost-efficient and more streamlined Chinese yuan renminbi (CNY) payment journey while traveling in China. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112572734/en/ The payment service is facilitated by Citi's industry-leading USD Clearing solution and its full-value transfers, which ensures the final beneficiary receives their money at full value with no deductions. The innovation helps enable travelers to add funds to their TourCard
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Mubadala and Athene to Participate as Apollo Strategic Partner and Affiliate, Respectively Citi & Apollo Private Credit, Direct Lending Program Marks Largest Relationship of its Kind Citigroup Inc. (NYSE:C) and Apollo (NYSE:APO) today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to additional geographies. The program will include participation from Mubadala Investment Company as Apollo's strategic partner as well as Apollo's subsidiary, Athene, both of which will have the opportunity to join
EV Infrastructure Disruptor to Join Premier Gathering of World Leaders During the UN General Assembly Week in New York City EVPassport, a global EV charging network, today announced that CEO Hooman Shahidi will speak at the 2024 Concordia Annual Summit, a premier gathering of public and private sector visionaries during the UN General Assembly week, happening September 23-25, in New York City. Shahidi, a longtime proponent of using technology to drive good, will be joined on stage by other public and private sector visionaries to discuss advancing environmental sustainability through technological innovation that drives both business and consumer benefits. This press release features multi
Former Citigroup executive brings nearly 30 years of alternative asset experience to the private market platform. Yieldstreet, the leading private market investing platform, today announced the appointment of Ted Yarbrough as its Chief Investment Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230510005310/en/Photo of Ted Yarbrough, Yieldstreet Chief Investment Officer (Photo: Business Wire) Yarbrough brings to Yieldstreet nearly three decades of experience at Citigroup ((C) and its predecessor companies, holding a variety of leadership roles across the firm's banking, markets, and lending businesses. During his tenure
The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.56 per share, payable on November 22, 2024, to stockholders of record on November 4, 2024. The Board of Directors of Citigroup Inc. also declared dividends on Citigroup's preferred stock as follows: – 5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series P, payable November 15, 2024, to holders of record on November 5, 2024. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $29.75 for each receipt held. – 4.000% Fixed Rate Reset Noncumulative Preferred Stock, Series W, payable December 10, 2024, to holders
Today Citi reported third quarter 2024 results, which can be found on its website at https://www.citigroup.com/global/investors. A Quarterly Financial Data Supplement with additional financial, statistical and business-related information, as well as business and segment trends, is also available. Citi will host a conference call today at 11 a.m. (ET) to review these results. To attend the live webcast, please visit https://www.veracast.com/webcasts/citigroup/webinars/Citi3Q24.cfm. A replay and transcript of the webcast will be available shortly after the event. About Citi Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management
Citigroup Inc. is redeeming, in whole, all $1.5 billion aggregate liquidation preference of Series U Depositary Shares representing interests in its 5.000% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series U (the "Preferred Stock"). The redemption date is September 12, 2024 for the Preferred Stock and related Depositary Shares (the "Redemption Date"). The cash redemption price, payable on the Redemption Date for each Depositary Share, will equal $1,000. Holders of record on August 30, 2024, will receive the previously declared regular semi-annual dividend of $25.00 per Depositary Share payable on the Redemption Date. The redemption announced today is consistent with Citig
4 - CITIGROUP INC (0000831001) (Issuer)
4 - CITIGROUP INC (0000831001) (Issuer)
4 - CITIGROUP INC (0000831001) (Issuer)
Keefe Bruyette upgraded Citigroup from Mkt Perform to Outperform and set a new price target of $82.00 from $70.00 previously
Evercore ISI reiterated coverage of Citigroup with a rating of In-line and set a new price target of $60.00 from $58.00 previously
Wells Fargo reiterated coverage of Citigroup with a rating of Overweight and set a new price target of $80.00 from $70.00 previously
FWP - CITIGROUP INC (0000831001) (Subject)
FWP - CITIGROUP INC (0000831001) (Subject)
FWP - CITIGROUP INC (0000831001) (Subject)