BMO Capital Sticks to Its Buy Rating for Citigroup (C)

In a report released today, James Fotheringham from BMO Capital maintained a Buy rating on Citigroup (CResearch Report), with a price target of $68.00. The company’s shares closed last Saturday at $49.82.

Fotheringham covers the Financial sector, focusing on stocks such as Bank of America, Citigroup, and JPMorgan Chase & Co.. According to TipRanks, Fotheringham has an average return of 13.4% and a 64.23% success rate on recommended stocks.

Currently, the analyst consensus on Citigroup is a Hold with an average price target of $55.50.

See today’s best-performing stocks on TipRanks >>

Based on Citigroup’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $18.5 billion and a net profit of $3.48 billion. In comparison, last year the company earned a revenue of $17.46 billion and had a net profit of $4.64 billion

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Founded in 1812, New York-based Citigroup, Inc. is a financial services holding company, which provides financial products and services. It operates through the following segments: Global Consumer Banking; Institutional Clients Group; and Corporate/Other.

Read More on C:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More