Citigroup's stock trades at a significant discount to its book value, currently priced at $128.03, but the bank is seeing strong financial results with a 31.6% year-over-year earnings increase and revenues of $24.63 billion. Despite trimming price targets for major clients like Microsoft and Palantir, Citigroup maintains a Buy rating, reflecting cautious optimism about future growth. The firm is also actively engaging in restructuring talks for Spirit Airlines and investing heavily in AI technologies, alongside a planned $10.5 billion in stock buybacks to enhance its market position.
“While Citigroup is a company in turnaround mode, the market has assigned a deeply discounted price on the stock, which trades at just a fraction of its book value.”
“Citigroup - NYSE: C - $128.03”
“Citigroup trimmed its MSFT price target from $635 to $600 but kept a buy rating.”
“Citigroup said exposure to the industry was $22 billion as of the end of fourth quarter with zero losses since inception.”
“Notable former executives include Jamie Dimon.”
“UBS and Citi · lowered their price targets · indicating pockets of caution · on assumptions around growth and margins”
“CERS · is slated for release · after Thursday's close · true”
“CNO · is slated for release · after Thursday's close · true”
“Citi · downgraded the stock to · Neutral · true”
“Citi · lifted its target to · US$25 · true”
“Citigroup Inc. · crossed the threshold of · 3% · April 27, 2026”
“Citigroup Inc. · notified by · a parent undertaking or a controlling person · April 30, 2026”
