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Bullish Run in Diverse Rating: Citigroup Inc. (NYSE:C)

Citigroup Inc. (NYSE:C) [Trend Analysis] regains street interests, as shares jumped up 4.97% on Thursday and it traded at $45.87. The 52-week high of the share price is -24.44% and 52-week low of the share price is 33.02%. For Citi’s Consumer Banking customers in Asia Pacific, remembering multiple PINs and responding to a series of questions to verify their identities as they call into the bank will soon be a thing of the past. Voice biometrics authentication has been implemented in Taiwan with Australia, Hong Kong and Singapore to follow in the upcoming weeks.

It will be rolled out throughout the region in 2016 and 2017 to cover all 12 of Citi’s consumer banking markets in Asia Pacific that represent more than half of the bank’s 19 consumer markets globally. Citi will be the first financial services firm to deploy voice biometrics authentication across Asia Pacific as the bank builds further on its successful innovation in retail banking in the region.

Moving toward technical analysis, debt to equity ratio stands at 0.99. This is an important indicator as a higher ratio typically suggests that investors are investing more confidently as compared to companies in the same industry has lower ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 146.10%. Investors looking further ahead will note that the Price to next year’s EPS is 15.92%.

Major bullish and bearish trends reflect in rating research, from pool of WSJ analyst gave 70 as a highest price target, medium point hits to 55, while the lowest share price targets assigned 44. The data compelled by Wall Street Journal average suggest average price target would by 56.54, where as current price stood at 45.87. Moderately analysts issue miscellaneous recommendation for C, as 21 experts rated as “BUY” security, 3 analyst have faith on stocks as “Overweight,” moreover 6 experts rated as “Hold”.

As for as concerns shares volumes, in share capital Citigroup Inc. (NYSE:C) has 2995.52 million outstanding shares among them 2932.85 million shares have been floated in market exchange. The firm’s institutional ownership remained 74.80% while insider ownership included 0.10%. The stock showed weekly upbeat performance of 3.15%, which maintained for the month at 0.63%. Likewise the positive performance for the quarter recorded as 17.98% and for the year was -16.76%, while the YTD performance remained at -11.16%.


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