Barclays analyst Jason Goldberg upgrades $Citigroup (C.US)$ to a buy rating, and adjusts the target price from $70 to $95.
According to TipRanks data, the analyst has a success rate of 65.1% and a total average return of 13.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Citigroup (C.US)$'s main analysts recently are as follows:
Large-cap banks are well-positioned to outperform the market into 2025 due to accelerating earnings growth, according to an analyst. Citi is expected to reinforce these growth drivers, particularly after achieving its revenue and expense targets in 2024. Forecasts suggest continued organizational improvements for Citi in the years 2025 and 2026, with a notable progression in the bank's return on tangible common equity from its current year-to-date performance towards its medium-term target of 11-12%.
For the banking sector, it is understood that the trends leading into 2025 appear well established. Minor adjustments have been made to earnings models and estimates. Looking ahead to 2028, it is anticipated that banks will aim to maximize growth, constrained by maintaining a return on tangible common equity in the low-to-mid-teens. There's a general skepticism regarding the likelihood of significantly reduced regulatory and capital requirements in the future. The sector is viewed as reasonably valued, yet opportunities for strategic investment remain.
Citi has been classified as a top choice under almost any scenario except a recession. Expectations exceed anticipated expenses, pivotal inflections in returns, potential for growth in book value even during a recession, and the most significant management changes in half a century. Over a three-year span, there is an expectation of doubled stock value based on double earnings with a comparative improvement in EPS, efficiency, and returns twice that of peers.
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.
巴克萊銀行分析師Jason Goldberg上調$花旗集團 (C.US)$至買入評級,並將目標價從70美元上調至95美元。
根據TipRanks數據顯示,該分析師近一年總勝率為65.1%,總平均回報率為13.8%。
此外,綜合報道,$花旗集團 (C.US)$近期主要分析師觀點如下:
一位分析師表示,由於收益增長加速,大型銀行完全有能力在2025年之前跑贏市場。預計花旗將強化這些增長動力,尤其是在2024年實現收入和支出目標之後。預測表明,花旗在2025年和2026年將繼續改善組織結構,該銀行的有形普通股回報率從目前的年初至今表現顯著上升至11-12%的中期目標。
對於銀行業而言,據了解,到2025年的趨勢似乎已經確定。對收益模型和估算進行了細微的調整。展望2028年,預計銀行將以實現增長最大化爲目標,但要將有形普通股回報率維持在低至中期。人們普遍對未來大幅降低監管和資本要求的可能性持懷疑態度。該行業被視爲估值合理,但戰略投資的機會仍然存在。
除了經濟衰退,花旗幾乎在任何情況下都被列爲首選。預期超過了預期的支出,回報率發生了關鍵變化,即使在經濟衰退期間賬面價值也有可能增長,以及半個世紀以來最重大的管理層變動。在三年內,基於收益的翻倍,預計股票價值將翻一番,每股收益、效率和回報率的相對改善是同行的兩倍。
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。