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Citigroup Inc. (C) [hlAlert]

Rating:
Overweight
C
up 14.94 %

Citigroup Inc. (C) rated Overweight with price target $58 by Barclays

Posted on: Tuesday,  Jul 16, 2013  12:25 PM ET by Barclays

Barclays rated Overweight Citigroup Inc. (NYSE: C) on 07/16/2013. Previously Barclays rated Overweight Citigroup Inc. (NYSE: C) on 04/16/2013., when
the stock price was $46.49. Since then, Citigroup Inc. has gained 14.95% as of 01/19/2016's recent price of $53.44.
If you would have followed the previous Barclays's recommendation on C, you would have gained 14.94% of your investment in 1008 days.

Citigroup Inc. (Citigroup) is a global diversified financial services holding company. The Company is engaged in providing a range of financial services to consumers and corporate customers. As of May 4, 2009, Citigroup had more than 200 million customer accounts and did business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citigroup provides consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management.In August 2009, the Company sold three credit card portfolios.In September 2009, Citigroup Inc. completed the sale of Nikko Cordial Securities to Sumitomo Mitsui Financial Group, Inc.'s subsidiary, Sumitomo Mitsui Banking Corporation. In October 2009, the Company sold its Nikko Asset Management Co. to The Sumitomo Trust & Banking Co., Ltd.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/16/2013 12:25 PM Buy
None
51.68 58.00
as of 12/13/2013
1 Week down  -1.00 %
1 Month up  1.96 %
3 Months up  0.95 %
1 YTD down  -1.37 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/16/2013 1:25 PM Buy
None
46.49 54.00

(*) Stock Price at the time of the recommendation.
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