Citigroup (NYSE:C) Price Target Raised to $130.00

02 Jan 2026, 01:16 by Renee Jackson · The Cerbat Gem

Citigroup (NYSE:C – Free Report) had its target price upped by Piper Sandler from $120.00 to $130.00 in a research report sent to investors on Tuesday morning,Benzinga reports. They currently have an overweight rating on the stock.

Several other equities research analysts have also recently commented on C. Zacks Research cut shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 15th. Wells Fargo & Company boosted their price target on Citigroup from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Tuesday, September 16th. TD Cowen increased their price objective on Citigroup from $105.00 to $110.00 and gave the stock a “hold” rating in a report on Wednesday, October 15th. Cowen reissued a “hold” rating on shares of Citigroup in a research report on Wednesday, December 10th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $121.00 price target on shares of Citigroup in a research report on Wednesday, December 17th. Thirteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.25.

Read Our Latest Report on Citigroup

Citigroup Trading Down 0.5%

NYSE C opened at $116.67 on Tuesday. Citigroup has a one year low of $55.51 and a one year high of $122.84. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market cap of $208.75 billion, a P/E ratio of 16.39, a P/E/G ratio of 0.58 and a beta of 1.18. The stock’s 50-day moving average is $106.64 and its 200-day moving average is $98.14.

Citigroup (NYSE:C – Get Free Report) last posted its earnings results on Tuesday, October 14th. The company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.35. Citigroup had a return on equity of 7.91% and a net margin of 8.73%.The business had revenue of $22.09 billion during the quarter, compared to analysts’ expectations of $20.92 billion. During the same period in the prior year, the business earned $1.51 EPS. Citigroup’s revenue for the quarter was up 9.3% compared to the same quarter last year. Sell-side analysts anticipate that Citigroup will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 3rd were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Monday, November 3rd. Citigroup’s dividend payout ratio (DPR) is currently 33.71%.

Institutional Investors Weigh In On Citigroup

Several large investors have recently made changes to their positions in the stock. FMB Wealth Management increased its holdings in shares of Citigroup by 4.1% during the third quarter. FMB Wealth Management now owns 2,618 shares of the company’s stock worth $266,000 after buying an additional 103 shares in the last quarter. Tritonpoint Wealth LLC grew its position in Citigroup by 2.1% during the 3rd quarter. Tritonpoint Wealth LLC now owns 4,989 shares of the company’s stock worth $506,000 after acquiring an additional 104 shares during the last quarter. Onyx Bridge Wealth Group LLC grew its position in Citigroup by 3.6% during the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 3,117 shares of the company’s stock worth $265,000 after acquiring an additional 109 shares during the last quarter. Highline Wealth Partners LLC increased its holdings in Citigroup by 35.3% in the 3rd quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock worth $42,000 after purchasing an additional 109 shares in the last quarter. Finally, Fullcircle Wealth LLC raised its position in Citigroup by 0.9% in the second quarter. Fullcircle Wealth LLC now owns 13,097 shares of the company’s stock valued at $1,206,000 after purchasing an additional 111 shares during the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Key Stores Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Piper Sandler projects upside for Citi, citing favorable fundamentals and positioning that could support the stock — a near-term analyst call that can boost demand from investors. Citigroup (NYSE:C) Stock Price Expected to Rise, Piper Sandler Analyst Says
Positive Sentiment: Wall Street expects 2026 to be big for large M&A (“megadeals”), which would generate underwriting and advisory fees for big banks like Citi — a meaningful potential revenue tailwind. Wall Street Banks on 2026 as Big Year for ‘Megadeals’
Positive Sentiment: Macro/sector positioning: market commentary and sector playbooks are highlighting financials as a potential beneficiary of rate cuts and sector rotation away from richly valued tech — a backdrop that supports bank multiple expansion. 2026 Sector Playbook: 3 Sectors Trading Below Fair Value
Neutral Sentiment: Markets (Kalshi) show high-volume betting that Citigroup could lead a SpaceX IPO before 2028 — this is an opportunity for future underwriting revenue but only speculative until a mandate is announced. Markets bet on whether Citigroup will take SpaceX public before Jan 1, 2028
Neutral Sentiment: Administrative/portfolio note: Citigroup entities notified Karoon Energy that their holdings fell below a substantial‑holding threshold — a routine filing that has limited direct impact on Citi fundamentals. Citigroup Entities Fall Below Substantial Holding Threshold in Karoon Energy
Negative Sentiment: Citigroup completed its exit from Russia via a sale of the remaining unit — the transaction was costly and will likely produce a one‑time charge that weighs on near‑term earnings and capital metrics. Citigroup Finalizes Exit from Russia with Costly Sale of Remaining Unit

Citigroup Company Profile

(Get Free Report)

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.