Deutsche Bank Raises Target on Citi (C) to $40
Tweet
Share
E-mailGet Alerts C Hot Sheet
Price: $131.65 +1.53%
Rating Summary:
31 Buy, 11 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
31 Buy, 11 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Deutsche Bank raised its price target on Buy-rated Citi (NYSE: C) from $36 to $40 citing less uncertainty over capital (reflecting the sales of several minority equity stakes) and higher better capital markets revenue.
"Our TP assumes a 10-15% discount to the overall group given more earnings volatility and as C is still building towards Basel 3 levels," the firm said.
For an analyst ratings summary and ratings history on Citi click here. For more ratings news on Citi click here.
Shares of Citi closed at $36.51 yesterday.
"Our TP assumes a 10-15% discount to the overall group given more earnings volatility and as C is still building towards Basel 3 levels," the firm said.
For an analyst ratings summary and ratings history on Citi click here. For more ratings news on Citi click here.
Shares of Citi closed at $36.51 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT ChangeRelated Entities
Deutsche Bank, Citi, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
