Citigroup (C) Gets a Buy Rating from Oppenheimer

By Carrie Williams

In a report released today, Chris Kotowski from Oppenheimer maintained a Buy rating on Citigroup (CResearch Report). The company’s shares opened today at $67.39.

According to TipRanks.com, Kotowski is a top 100 analyst with an average return of 12.7% and a 70.2% success rate. Kotowski covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Fidus Investment Corporation, and Oaktree Capital Group Llc.

Currently, the analyst consensus on Citigroup is a Strong Buy with an average price target of $81.60, representing a 21.1% upside. In a report issued on April 4, HSBC also maintained a Buy rating on the stock with a $76 price target.

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Citigroup’s market cap is currently $159.7B and has a P/E ratio of 10.09. The company has a Price to Book ratio of 0.90.

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