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 $7.46, factoring in increased expenditures and a reduction in net interest income, though this is somewhat mitigated by a rise in fee income.
The company's Q3 earnings surpassed estimates, bolstered by fee income, with trading and investment banking fees outperforming intra-quarter expectations.
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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瑞士银行分析师Erika Najarian维持$花旗集团 (C.US)$持有评级，并将目标价从64美元上调至71美元。
根据TipRanks数据显示，该分析师近一年总胜率为57.2%，总平均回报率为9.6%。
此外，综合报道，$花旗集团 (C.US)$近期主要分析师观点如下：
尽管在第三季度实现了比美国银行和共识每股收益预期都显著更好的业绩，但公司股价经历了下跌，尤其是在一次电话会议中，管理层对潜在监管资产上限的调查初始回应似乎不够令人信服时进一步恶化。然而，首席执行官后来澄清公司并未受到任何资产上限的限制。有人认为负面情绪足以促使一些投资者获利了结，特别是在盈利公告前，股价接近本年度高点之际。
尽管资本市场表现强劲，费用减少导致每股收益超额18％，但股价在当日收盘时出现了下跌。2024年未变的费用预测表明季度费用将略有增加，从而对2025年财务运营率构成挑战。考虑到最近的报告，2025年每股收益预期已经下调了4％，降至7.46美元，考虑到支出增加和净利息收入减少，尽管这在一定程度上得到了费用收入的增加所缓解。
公司第三季度盈利超出预期，受到手续费收入的推动，交易和投资银行手续费超出了季度内部预期。
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