BMO Capital Thinks Citigroup’s Stock is Going to Recover

In a report released today, James Fotheringham from BMO Capital maintained a Buy rating on Citigroup (CResearch Report), with a price target of $78.00. The company’s shares closed last Thursday at $50.93, close to its 52-week low of $49.04.

According to, Fotheringham is a 5-star analyst with an average return of 17.0% and a 67.7% success rate. Fotheringham covers the Financial sector, focusing on stocks such as Discover Financial Services, International Money Express, and Victory Capital Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Citigroup with a $70.00 average price target, which is a 38.2% upside from current levels. In a report issued on April 5, Piper Sandler also maintained a Buy rating on the stock with a $70.00 price target.

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Citigroup’s market cap is currently $100.9B and has a P/E ratio of 6.00.

Based on the recent corporate insider activity of 106 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of C in relation to earlier this year.

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.

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