Europe's stocks set for positive open ahead of closely watched U.S. inflation data
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2025
0mins
Source: CNBC
European Market Outlook: European markets are set to open positively, with key indices like the FTSE 100 and DAX expected to rise ahead of U.S. inflation data that will influence the Federal Reserve's interest rate decisions.
Bank Earnings and SEC Lawsuit: Major banks including JPMorgan Chase and Goldman Sachs are reporting earnings this week, while Elon Musk faces an SEC lawsuit for allegedly violating securities laws during his acquisition of Twitter.
Analyst Views on C
Wall Street analysts forecast C stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for C is 125.50 USD with a low forecast of 87.00 USD and a high forecast of 146.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
13 Buy
3 Hold
0 Sell
Strong Buy
Current: 115.660
Low
87.00
Averages
125.50
High
146.00
Current: 115.660
Low
87.00
Averages
125.50
High
146.00
About C
Citigroup Inc. is a global diversified financial services holding company. The Company’s segments include Services, Markets, Banking, Wealth and U.S. Personal Banking (USPB). The Services segment includes Treasury and Trade Solutions (TTS) and securities services. TTS provides an integrated suite of tailored cash management, trade and working capital solutions to multinational corporations, financial institutions and public sector organizations. The Markets segment provides corporate, institutional and public sector clients around the world with a full range of sales and trading services across equities, foreign exchange, rates, spread products and commodities. The Banking segment includes investment banking, which supports client capital-raising needs to help strengthen and grow their businesses. The Wealth segment includes Private Bank, Wealth at Work and Citigold and provides financial services to a range of client segments. USPB segment includes branded cards and retail services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
