RBC Capital Starts Citi (C) at Outperform, Sets $52 Price Target

May 31, 2011 4:56 PM EDT Send to a Friend
Get Alerts C Hot Sheet
Price: $50.09 -0.87%

Rating Summary:
    18 Buy, 3 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 14 | New: 13
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RBC Capital's Gerard Cassidy initiated coverage on shares of Citigroup (NYSE: C) with an Outperform rating and a $52 price target Tuesday afternoon.

With Citi shares closing up 0.4 percent to $41.15 this afternoon, RBC's new price target implies potential upside of about 26 percent.

For more ratings news on Citi click here and for the rating history of Citi click here.


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