During Wednesday’s Morning trade, Shares of Citigroup Inc. (NYSE:C), lost -0.70% to $50.85.
The stock has the beta value of 2.01, and its volatility for the week is 1.82%, while for the month it is 2.03%. The company has the market capitalization of $154.13B. The company holds the book value per share of 68.04, whereas cash per share is 187.84. Price to book ratio remained 0.75, while price to sale ratio is 2.56. Analysts mean recommendation for the stock is said to be 1.80 (where 1=Buy, 5=sale).
Citigroup, will declare its 2015 third quarter financial results before the market open on Thursday morning.
Citigroup has been forecast, by analysts surveyed by Thomson Reuters, to report earnings of $1.28 per share on revenue of $18.56 billion for the September ended period.
Last year, the company posted earnings of $1.15 per share not taking into account CVA/DVA on revenue of $19.6 billion for the 2014 third quarter.
Many analysts have commented on the company rating. Oppenheimer maintains its rating on Citigroup Inc. (NYSE:C). The global brokerage major raises the current price target from $69 per share to $70 per share. Analysts at the Oppenheimer have a current rating of Outperform on the shares. The rating by the firm was issued on October 6, 2015.
Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services.
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