Citigroup Receives Buy Rating from Wells Fargo Analyst with $115 Price Target

Wells Fargo analyst Mike Mayo reiterated a Buy rating on Citigroup with a $115 price target, while Morgan Stanley's Betsy Graseck also gave a Buy rating. However, TD Cowen maintained a Hold rating. Citigroup's market cap is $179.3B, and its P/E ratio is 14.19. There has been an increase in corporate insider selling, with Director Peter Henry selling 3,000 shares for $271,200.

Citigroup Inc. (NYSE:C) has seen a significant uptick in analyst optimism, with Wells Fargo's Mike Mayo reiterating a Buy rating with a $115 price target, and Morgan Stanley's Betsy Graseck also giving a Buy rating. This bullish sentiment comes amidst strong financial performance and strategic capital returns. However, TD Cowen has maintained a Hold rating, indicating a more cautious stance.

As of July 2, 2025, Citigroup's market capitalization stands at $179.3 billion, with a price-to-earnings (P/E) ratio of 14.19. The stock has shown resilience, with a 50-day simple moving average of $81.57 and a 200-day simple moving average of $75.94. Citigroup's quarterly earnings of $1.96 per share and revenue of $21.67 billion have exceeded analyst expectations, further bolstering investor confidence.

Notably, corporate insider selling has increased. Director Peter Henry sold 3,000 shares for $271,200, representing a 58.37% decrease in their ownership of the stock. This transaction was disclosed on July 16, 2025 [2].

Citigroup's strong earnings and sales forecasts, coupled with positive analyst ratings, suggest that the stock is well-positioned for further growth. Investors should continue to monitor the stock and its earnings reports for any updates that could impact its price trajectory.

References:
[1] https://www.ainvest.com/news/wells-fargo-analyst-predicts-citi-stock-rise-50-top-bank-sector-2507/
[2] https://www.marketbeat.com/instant-alerts/filing-10145-shares-in-citigroup-inc-nysec-purchased-by-ninepoint-partners-lp-2025-07-24/