Citigroup Maintains Buy, Raises PT to $915 from $803.

Citigroup Maintains Buy, Raises PT to $915 from $803.

Citigroup Inc. (C) has maintained its "Buy" rating while raising its price target (PT) to $915 from $803, according to analysts at Oppenheimer [4]. This represents a significant upside of 14.04% from the current price. The move comes on the heels of Citigroup's impressive Q2 results, which saw earnings per share (EPS) of $1.96, up 28.9% year-over-year, and revenue growing by 8.2% year-over-year to $21.7 billion [1].

The financial giant has outperformed the broader market, with its stock soaring 45.5% over the past 52 weeks and 36.1% year-to-date (YTD), surpassing the S&P 500 Index's 17% gains and the Financial Select Sector SPDR Fund's (XLF) 20.2% returns over the same period [1]. The stock gained 3.7% following the Q2 results announcement, reflecting investors' confidence in the company's performance.

Analysts at Oppenheimer have reiterated their "Outperform" rating on Citigroup, raising the price target to $124.00, a 30.75% potential upside from the current price [4]. This move is in line with the overall consensus among analysts, who have given the stock a "Moderate Buy" rating, with 12 "Strong Buys," five "Moderate Buys," and six "Holds" [1]. The mean price target of $100.85 represents a modest 5.3% premium to current price levels [1].

Citigroup's solid earnings surprise history, with the company surpassing Street's bottom-line estimates in each of the past four quarters, has contributed to the positive analyst sentiment [1]. Additionally, the company's strong liquidity ratios, with a debt-to-equity ratio of 1.61 and current and quick ratios both above 1, indicate its ability to manage its financial obligations [3].

For the full fiscal 2025, analysts expect Citigroup to deliver an EPS of $7.59, up 27.6% year-over-year [1]. The company's commitment to returning value to shareholders through quarterly dividends and share repurchases further supports its bullish outlook.

In summary, Citigroup's strong financial performance and positive analyst sentiment have led to a raise in its price target, maintaining a "Buy" rating. The company's ability to navigate macro uncertainties and deliver robust financial results positions it well for future growth.

References:
[1] https://finance.yahoo.com/news/wall-street-analysts-target-price-081149603.html
[2] https://www.ainvest.com/news/citigroup-raises-jacobs-solutions-price-target-166-00-maintains-buy-rating-2507/
[3] https://www.marketbeat.com/stocks/NYSE/C/forecast/
[4] https://www.marketbeat.com/instant-alerts/oppenheimer-forecasts-strong-price-appreciation-for-citigroup-nysec-stock-2025-07-30/