KBW Maintains Citigroup(C.US) With Hold Rating, Maintains Target Price $70

KBW維持花旗集團(C.US)持有評級，維持目標價70美元

moomoo資訊 · 10/18 07:31 · 評級/大行評級

KBW analyst David Konrad maintains $Citigroup (C.US)$ with a hold rating, and maintains the target price at $70.

According to TipRanks data, the analyst has a success rate of 73.7% and a total average return of 22.2% over the past year.

AnalystRecentRatingAutoNews_205541_20241017_6328c4d5e31d21e6c6537f71968973e0713836b6_1729251028441558_mm_en

Furthermore, according to the comprehensive report, the opinions of $Citigroup (C.US)$'s main analysts recently are as follows:

Despite surpassing both BofA's and consensus earnings per share estimates for Q3, the company's shares experienced a decline, which intensified during an earnings call when management initially provided an unclear response concerning the potential risk of a regulator-imposed asset-cap. However, the CEO later clarified that the company does not have an asset cap. It is believed that the unfavorable narrative was sufficient to prompt some profit-taking, especially since the stock had been trading close to its year-to-date highs before the earnings announcement.
Despite a robust performance in capital markets and reduced costs leading to an 18% earnings per share beat, the shares experienced a 5% decline. This was attributed to the indication that 2024 expense guidance would remain unchanged, with an expected increase in Q4 expenses by 2% quarter-on-quarter, impacting the earnings run-rate into 2025. In light of this, earnings projections for 2025 have been adjusted downwards by 4% to reflect the anticipated rise in expenses and a decrease in net interest income, though this is somewhat mitigated by an expected increase in fee income.
The company's Q3 earnings surpassed estimates, bolstered by fee income where trading and investment banking fees outstripped the intra-quarter guidance.

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.

KBW分析師David Konrad維持$花旗集團 (C.US)$持有評級，維持目標價70美元。

根據TipRanks數據顯示，該分析師近一年總勝率為73.7%，總平均回報率為22.2%。

AnalystRecentRatingAutoNews_205541_20241017_6328c4d5e31d21e6c6537f71968973e0713836b6_1729251028441558_mm_tc

此外，綜合報道，$花旗集團 (C.US)$近期主要分析師觀點如下：

儘管第三季度超過了美銀和市場一致的每股收益預期，但公司股價出現下跌，尤其是在業績會上，管理層最初對監管機構強加資產上限的潛在風險給出了模糊的回應。然而，CEO後來澄清公司沒有資產上限。據信，這種不利情況足以促使一些利潤回吐，尤其是在公司股價在業績公告前接近年初高點之際。
儘管資本市場表現強勁，成本降低導致每股收益超出18%，股價卻下跌了5%。這歸因於2024年費用指導預期不變，預計第四季度費用按季度增加2%，影響到2025年的盈利運行率。基於此，2025年的盈利預期已經下調了4%，以反映預計費用增加和淨利息收入減少所帶來的影響，儘管預計費用收入增加有所緩解。
該公司第三季度盈利超過預期，費用收入增加，其中交易和投資銀行費用超過了季內指導。

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。

声明：本內容僅用作提供資訊及教育之目的，不構成對任何特定投資或投資策略的推薦或認可。更多信息

KBW Maintains Citigroup(C.US) With Hold Rating, Maintains Target Price $70

KBW Maintains Citigroup(C.US) With Hold Rating, Maintains Target Price $70

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