BMO Capital Reiterates Their Hold Rating on Citigroup

By Carrie Williams

In a report released yesterday, James Fotheringham from BMO Capital reiterated a Hold rating on Citigroup (NYSE: C), with a price target of $67. The company’s shares closed yesterday at $72.37, close to its 52-week high of $76.14.

According to TipRanks.com, Fotheringham is a 5-star analyst with an average return of 16.5% and a 81.8% success rate. Fotheringham covers the Financial sector, focusing on stocks such as Discover Financial Services, Goldman Sachs Group Inc, and Apollo Investment Corp.

Currently, the analyst consensus on Citigroup is Strong Buy and the average price target is $77.40, representing a 7.0% upside.

In a report issued on October 9, Jefferies also reiterated a Hold rating on the stock with a $81 price target.

The company has a one-year high of $76.14 and a one-year low of $47.70. Currently, Citigroup has an average volume of 16.01M.

Based on the recent corporate insider activity of 109 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.