Citigroup Maintains Neutral Rating, Raises PT to $100 from $94

Citigroup Maintains Neutral Rating, Raises PT to $100 from $94

Citigroup Inc. (NYSE: C) has seen a significant revision in its price target by Citi analyst Paul Lejuez, who raised the target to $100 from the previous $94. Despite this increase, Lejuez has maintained a Neutral rating on the shares [1]. The decision comes on the heels of Target's Q2 report, which showed cleaner inventory but persistent market share losses [1].

The analyst's note highlighted that while Target's inventory management has improved, the company's market share losses continue to be a concern. This dual perspective suggests that while there are positive aspects to Target's performance, there are also significant challenges that investors should be aware of.

Additionally, Citigroup's recent dividend increase to $0.60 per share has been well-received by the market. The quarterly dividend reflects a dividend yield of 2.6%, signaling a positive change from the previous $0.56 per share [2]. This move is likely to attract income-focused investors, as it represents a 2.40 annualized dividend and a yield of 2.6%.

Several other analysts have also issued new price targets and ratings for Citigroup. Truist Financial raised their target price from $93.00 to $99.00, giving the stock a "buy" rating [3]. Morgan Stanley increased their price objective from $103.00 to $107.00, assigning an "overweight" rating [3]. Cowen initiated coverage with a "hold" rating, while DBS Bank upgraded to a "moderate buy" rating [3]. Oppenheimer raised their price target from $123.00 to $124.00, giving an "outperform" rating [3].

Overall, the market sentiment towards Citigroup remains mixed, with a consensus price target of $96.54 and an average rating of "Moderate Buy" [3]. The company's recent earnings report showed strong performance, with earnings per share of $1.96, exceeding the consensus estimate of $1.61 [2]. However, the analyst's concerns about market share losses and the dividend yield suggest a cautious approach for investors.

References:
[1] https://www.tipranks.com/news/the-fly/target-price-target-raised-to-100-from-94-at-citi-thefly
[2] https://www.marketbeat.com/instant-alerts/filing-banco-btg-pactual-sa-has-569-million-stake-in-citigroup-inc-c-2025-08-20/
[3] https://www.ainvest.com/news/citigroup-upgrades-nu-holdings-buy-doubles-price-target-18-00-2508/