On June 10, 2025, Goldman Sachs analyst Richard Ramsden maintained his "Buy" rating on Citigroup (C, Financial) while raising the price target from USD 75.00 to USD 85.00. This adjustment marks a 13.33% increase from the previous target. The revision reflects Goldman Sachs' increased confidence in Citigroup's future performance.
Citigroup (C, Financial), a leading global bank, continues to hold a favorable outlook in the eyes of Goldman Sachs. The revised price target underscores the bank's potential, as assessed by Richard Ramsden, amidst the broader financial landscape. Investors and stakeholders may view this positive adjustment as a signal of strength and potential growth for Citigroup (C).
The decision to maintain the existing "Buy" rating, while simultaneously elevating the price target, suggests that Citigroup (C, Financial) remains an attractive option for investors looking for opportunities within the banking sector. As the analysis by Goldman Sachs highlights, Citigroup's current strategy and positioning in the market likely contribute to its promising outlook.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Citigroup Inc (C, Financial) is $85.02 with a high estimate of $110.00 and a low estimate of $70.00. The average target implies an upside of 8.95% from the current price of $78.04. More detailed estimate data can be found on the Citigroup Inc (C) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, Citigroup Inc's (C, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Citigroup Inc (C, Financial) in one year is $60.98, suggesting a downside of 21.86% from the current price of $78.04. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Citigroup Inc (C) Summary page.
