Citigroup's Trading Volume Ranks 44th as Stock Price Dips Amid Market Uncertainty

Generated by AI AgentAinvest Market Brief
Tuesday, Apr 8, 2025 8:13 pm ET1min read
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On April 8, 2025, Citigroup's trading volume reached $1.817 billion, ranking 44th in the day's market activity. The stock price of CitigroupC-- (C) decreased by 0.14%.

Citigroup's earnings estimates have seen a decline, with the Zacks Consensus Estimate for the current year dropping by 1.3% over the past month to $7.43 per share. This adjustment reflects the market's cautious outlook on the company's financial performance.

Citigroup is scheduled to announce its earnings next week, with Wall Street analysts expecting growth. The average price target for Citigroup's stock is $89.47, with forecasts ranging from a high of $110.00 to a low of $75.50. This target represents a potential 53.91% change from the current stock price.

Morgan Stanley recently lowered its price target for Citigroup from $109 to $90, while maintaining an Overweight rating on the shares. The firm cited recent trade developments as a factor in its revised outlook. Additionally, Truist Financial reduced its price target for Citigroup from $85.00 to a lower figure, reflecting a more conservative stance on the stock's potential.

Major U.S. banks, including Citigroup, are set to report their quarterly earnings against a backdrop of market turmoil caused by tariff disputes. This economic uncertainty adds an element of risk to the upcoming earnings reports, as investors closely monitor the impact on financial institutions.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

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