Citigroup (C) Shares are Up 1.25%

Citigroup (C) : Traders are bullish on Citigroup (C) as it has outperformed the S&P 500 by a wide margin of 7.76% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.92%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.25% in the last 1 week, and is up 7.53% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.36% and the fifty day Moving Average is 7.47%. Citigroup Inc. is up 1.5% in the last three month period. Year-to-Date the stock performance stands at -8.43%.

Citigroup (C) : 14 investment research analysts covering Citigroup (C) have an average price target of $55.21 for the near short term. The highest target price given by the Brokerage Firm to the stock is $65 and the lowest target is $45 for the short term. Analysts expect the variance to be within $6.67 of the average price.


Citigroup (NYSE:C): stock turned positive on Friday. Though the stock opened at $46.83, the bulls momentum made the stock top out at $47.24 level for the day. The stock recorded a low of $46.7 and closed the trading day at $47.11, in the green by 0.83%. The total traded volume for the day was 23,338,460. The stock had closed at $46.72 in the previous days trading.

Citigroup Inc. (Citi) is a financial services holding company, whose businesses provide consumers, corporations, governments and institutions with financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services, and wealth management. The Company operates through two primary business segments: Citicorp and Citi Holdings. Citicorp consists of the operating businesses: Global Consumer Banking, which consists of consumer banking in North America, EMEA, Latin America and Asia, and Institutional Clients Group, which includes Banking and Markets and securities services. Citi Holdings contains businesses and portfolios of assets that Citi has determined are not central to its core Citicorp businesses. Citis consumer operations, as well as the consumer finance business in Korea and certain businesses in ICG form part of Citi Holdings.

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