Highlights

  • Piper Sandler lifted its price target on Citigroup while keeping its existing rating unchanged.
  • Several major brokerages have adjusted Citigroup targets following recent quarterly results.
  • Analysts broadly maintain existing views after earnings exceeded consensus expectations.

Piper Sandler has increased its price target on shares of Citigroup Inc. (NYSE:C), raising it to USD 130 from USD 120, according to a research note issued on Tuesday and cited by Benzinga. The brokerage maintained its existing “overweight” rating on the stock, reflecting its updated assessment following recent developments.

The adjustment comes amid a broader round of analyst activity surrounding Citigroup. In separate reports issued in mid-October, Bank of America raised its target price from USD 115 to USD 120, while Barclays increased its estimate from USD 100 to USD 115. The Goldman Sachs Group reiterated its “buy” rating and set a target of USD 118, and Morgan Stanley lifted its price objective from USD 129 to USD 134 while retaining an “overweight” stance. TD Cowen also revised its target upward, moving from USD 105 to USD 110, and maintained a “hold” rating.

In total, recent data indicate that thirteen analysts currently rate Citigroup shares as “Buy,” while six assign a “Hold” rating. MarketBeat data show the stock carrying a consensus rating described as “Moderate Buy,” with an average price target of USD 115.25.

Citigroup reported its latest quarterly earnings on October 14. The company posted earnings per share of USD 2.24 for the quarter, exceeding the consensus estimate of USD 1.89. Quarterly revenue reached USD 22.09 billion, compared with analyst expectations of USD 20.92 billion. The firm reported a return on equity of 7.91% and a net margin of 8.73%, with revenue rising 9.3% year over year. In the same quarter last year, Citigroup reported earnings per share of USD 1.51. Analysts currently forecast full-year earnings of 7.53 per share.

Citigroup Inc. is a global financial services group headquartered in New York City. Formed through the 1998 merger of Citicorp and Travelers Group, the company operates across consumer banking, credit cards, wealth management, and institutional services worldwide.

Citigroup shares last closed at USD 117.20 on December 30, 2025.