UBS analyst Erika Najarian maintains $Citigroup (C.US)$ with a hold rating, and adjusts the target price from $64 to $71.
According to TipRanks data, the analyst has a success rate of 57.2% and a total average return of 9.6% 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 BofA and consensus earnings per share estimates by significant margins in Q3, the company's stock experienced a decline, further exacerbated during a call when management's initial response to inquiries about potential regulatory asset caps seemed unconvincing. However, the CEO later clarified that the company is not operating under any asset cap. It's suggested that the negative sentiment was sufficient to prompt some investors to secure profits, particularly as the stock's value was approaching year-to-date peaks before the earnings announcement.
Despite a solid capital markets performance and reduced expenses leading to an 18% EPS beat, the shares saw a decline at the day's end. The unchanged expense forecast for 2024 indicates a slight increase in Q4 expenses on a quarter-over-quarter basis, which poses a challenge to the financial run-rate going into 2025. In light of the recent report, the expectation for 2025 EPS has been adjusted downwards by 4% to $7.46, factoring in increased expenditures and a reduction in net interest income, though this is somewhat mitigated by a rise in fee income.
The company's Q3 earnings surpassed estimates, bolstered by fee income, with trading and investment banking fees outperforming intra-quarter expectations.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
瑞士銀行分析師Erika Najarian維持$花旗集團 (C.US)$持有評級，並將目標價從64美元上調至71美元。
根據TipRanks數據顯示，該分析師近一年總勝率為57.2%，總平均回報率為9.6%。
此外，綜合報道，$花旗集團 (C.US)$近期主要分析師觀點如下：
儘管在第三季度大幅超過了BofA和共識的每股收益預期，但公司股票卻出現了下跌，而在一次看漲時，管理層對潛在監管資產上限的詢問初始回應似乎不夠令人信服，進一步加劇了這一情況。然而，CEO後來澄清，公司並未受到任何資產上限的限制。建議負面情緒足以促使一些投資者獲利，特別是在盈利公告之前，股票價值正接近年內高點之際。
儘管資本市場表現強勁並減少支出導致每股收益超出18％，但股票在當天結束時出現下跌。2024年未變的支出預測意味着季度支出略有增加，這對2025年財務運行速率構成挑戰。根據最近的報告，2025年EPS預期已經調低了4％至7.46美元，考慮到支出增加和淨利息收入減少，儘管這在一定程度上得到了費用收入的增加抵消。
公司第三季度收益超出預期，受到費用收入的支撐，交易和投資銀行業務收費表現優於季內預期。
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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。
