J.P. Morgan analyst Vivek Juneja maintains $Citigroup (C.US)$ with a hold rating, and maintains the target price at $71.5.
According to TipRanks data, the analyst has a success rate of 53.8% and a total average return of 8.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Citigroup (C.US)$'s main analysts recently are as follows:
Despite surpassing both the firm's and consensus earnings per share estimates for Q3, the shares experienced a decline. This downturn intensified during the earnings call due to initial uncertainties expressed by management concerning the potential imposition of a regulatory asset cap. Although the CEO later clarified the absence of an asset cap, the prevailing negative sentiment was sufficient to trigger some profit-taking, especially as the stock was trading close to its year-to-date peak prior to the earnings announcement.
Despite a notable EPS outperformance, driven by robust capital markets and reduced costs, the company's shares experienced a decline. This can be partly associated with the projection of a quarter-over-quarter increase in expenses for Q4, which could extend into 2025. Following a recent financial report, there has been an adjustment in EPS projections for 2025, reflecting expectations for increased expenses and a decrease in net interest income, albeit mitigated by an anticipated rise in fee income.
The company's Q3 earnings surpassed estimates, bolstered by fee income, with trading and investment banking fees outperforming guidance provided earlier in the quarter.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
摩根大通分析師Vivek Juneja維持$花旗集團 (C.US)$持有評級，維持目標價71.5美元。
根據TipRanks數據顯示，該分析師近一年總勝率為53.8%，總平均回報率為8.8%。
此外，綜合報道，$花旗集團 (C.US)$近期主要分析師觀點如下：
儘管第三季度超出了公司和一般預期的每股收益，但股價出現了下滑。在業績會期間，由於管理層對可能對資產實施監管上限的初步不確定性表達，這種下滑加劇。儘管CEO後來澄清不存在資產上限，但主導的負面情緒足以觸發一些利潤回吐，特別是在股價在發佈業績公告之前接近年內高點時。
儘管因強勁的資本市場和降低成本而取得顯著的每股收益超額表現，公司股價依然下跌。這在一定程度上可以與2024年第四季度費用的季度環比增加預期有關，這可能會延伸到2025年。在最近的財務報告後，對2025年每股收益預測進行了調整，反映了對增加費用和淨利息收入下降的預期，儘管預計費用收入將上升。
公司第三季度的業績超出預期，費用收入增強，交易和投資銀行費用表現優於本季度初提供的指導。
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
