RBC Capital Reaffirms Their Buy Rating on Citigroup (C)

RBC Capital analyst Gerard Cassidy maintained a Buy rating on Citigroup (CResearch Report) on January 13 and set a price target of $55.00. The company’s shares closed last Friday at $49.92.

According to TipRanks, Cassidy is a top 25 analyst with an average return of 25.4% and a 73.62% success rate. Cassidy covers the Financial sector, focusing on stocks such as KeyCorp, Bank of America, and Bank of New York Mellon Corporation.

Currently, the analyst consensus on Citigroup is a Moderate Buy with an average price target of $55.95, which is a 12.08% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a $68.00 price target.

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The company has a one-year high of $66.96 and a one-year low of $39.55. Currently, Citigroup has an average volume of 17.46M.

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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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