Based on the provided data and current market conditions, here's a comprehensive analysis for Citigroup (C) for the next trading week:
Technical Analysis
News Sentiment Analysis
Price Projection for Next Week
Trading Recommendation SELL with target price of $80.90 (Fibonacci Pivot) for the following reasons:
Key Risk Factors
The price of C is predicted to go up -7.15%, based on the high correlation periods with SITM. The similarity of these two price pattern on the periods is 97.39%.
C
SITM
Year
C Price Forecast($)
Potential Return(%)
2025
85.000
19.720
2026
95.000
16.660
2027
95.000
16.660
2028
95.000
16.660
2029
110.000
35.090
2030
120.000
47.370
Citigroup is in the middle of a strategic repositioning, making major moves such as spinning off its consumer business in Mexico and reinvesting in commercial banking and wealth. Citigroup may finally emerge as a structurally improved franchise.
Simplifying the business and selling off noncore units should help Citigroup free up extra capital and derisk the business, which should lead to an opportunity for share repurchases and a lower required discount rate.
Citigroup's stock is not expensive, trading at far less than tangible book value. This is not a high hurdle to clear.
Morgan Stanley
2025-01-16
Price Target
$104 → $109
Upside
+38.84%
Evercore ISI Group
2025-01-16
Price Target
$69 → $79
Upside
+0.62%
Piper Sandler
2025-01-16
Price Target
$80 → $83
Upside
+5.72%