Citigroup Inc. (C, Financial) has announced that it has made significant progress toward its simplification objectives, which include streamlining its focus to five key interconnected businesses and exiting 14 international consumer markets. This simplification drive also involves restructuring its organization and management, as well as fostering a winning corporate culture by investing in talent and promoting the concept of "One Citi."
Looking ahead to 2025 and 2026, Citigroup has set forth clear priorities centered on transformation and business performance enhancement. At the core of these plans is a commitment to transformation, which is identified as the top priority. The company aims to modernize its infrastructure, enhance its data capabilities, and execute regulatory remediation with determination.
Additionally, Citigroup is focused on maximizing the potential of its unique global network, scaling its wealth management operations, and targeting market share gains in key areas including Services, Banking, Markets, and U.S. Personal Banking. The firm also seeks to expand its reach in the Commercial Banking client segment, all part of a broader strategy to improve overall business performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Citigroup Inc (C, Financial) is $87.40 with a high estimate of $110.00 and a low estimate of $70.00. The average target implies an upside of 34.52% from the current price of $64.97. More detailed estimate data can be found on the Citigroup Inc (C) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Citigroup Inc's (C, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Citigroup Inc (C, Financial) in one year is $61.58, suggesting a downside of 5.22% from the current price of $64.97. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Citigroup Inc (C) Summary page.
