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Citigroup Stock Price Today: $72.78 (+1.5%)

After a volatile start to the year, Citigroup's stock price has been on a steady upward trajectory. As of today's close, the stock is trading at $72.78 per share, up 1.5% from yesterday's close.

Key Financial Metrics

Metric Value
Market Cap $168.8 billion
Annual Revenue $75.5 billion
Net Income $21.5 billion
EPS $9.21
P/E Ratio 7.9

Analyst Outlook

Analysts are generally positive on Citigroup's outlook. The consensus recommendation is "Buy," with a median price target of $80.00 per share. Some analysts are even more bullish, with targets as high as $90.00.

Key Catalysts for Growth

  • Growth in consumer lending: Citigroup is a major player in the consumer lending market, and it is benefiting from the strong demand for loans.
  • Rising interest rates: Citigroup is a net interest income lender, which means that it benefits from rising interest rates.
  • Improved risk management: Citigroup has made significant improvements to its risk management practices in recent years.

Risks to Consider

  • Economic slowdown: A slowdown in the economy could lead to a decrease in demand for loans.
  • Regulatory changes: Citigroup is subject to a complex regulatory environment, and changes in regulation could have a negative impact on its business.
  • Competition: Citigroup faces intense competition from other banks and financial institutions.

Citigroup Stock Price Forecast

Based on the current analyst consensus, Citigroup stock is expected to continue to perform well in the coming year. The median price target of $80.00 per share represents a potential upside of 9.8% from current levels.

citigroup stock price today

How to Invest in Citigroup Stock

If you are interested in investing in Citigroup stock, you can do so through a stockbroker. You can also invest in Citigroup through a mutual fund or exchange-traded fund (ETF) that invests in financial stocks.

Conclusion

Citigroup is a well-established financial institution with a strong track record of performance. The company is benefiting from a number of key growth catalysts, and its stock price is expected to continue to perform well in the coming year.

Additional Resources

Disclaimer: This article is for informational purposes only and should not be considered investment advice. Please consult with a financial advisor before making any investment decisions.

Time:2024-12-30 22:07:00 UTC

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