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Citigroup Inc (C) gets rating Upgrade from Barclays

Citigroup Inc’s filing revealed that its Chief Human Resources Officer Wechter Sara unloaded Company’s shares for reported $1.23 million on Feb 13 ’25. In the deal valued at $81.01 per share,15,125 shares were sold. As a result of this transaction, Wechter Sara now holds 109,780 shares worth roughly $7.68 million.

Then, Skyler Edward sold 35,545 shares, generating $2,929,263 in total proceeds. Upon selling the shares at $82.41, the Hd of Ent Svc & Public Affairs now owns 204,727 shares.

Before that, Selvakesari Anand sold 30,000 shares. Citigroup Inc shares valued at $2,433,147 were divested by the Chief Operating Officer at a price of $81.10 per share. As a result of the transaction, Selvakesari Anand now holds 229,180 shares, worth roughly $16.03 million.

Barclays upgraded its Citigroup Inc [C] rating to an Overweight from a an Equal weight in a research note published on January 06, 2025; the price target was increased to $95 from $70. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in early December from “a Mkt perform” to “an Outperform”. Evercore ISI also remained covering C and reiterated its “an In-line” recommendation on April 04, 2024. Wells Fargo maintained its rating on March 25, 2024. It rated C as “an Overweight”.

Price Performance Review of C

On Monday, Citigroup Inc [NYSE:C] saw its stock jump 1.69% to $69.94. Over the last five days, the stock has gained 3.75%. Citigroup Inc shares have fallen nearly -0.64% since the year began. Nevertheless, the stocks have risen 21.09% over the past one year. While a 52-week high of $84.74 was reached on 02/18/25, a 52-week low of $53.51 was recorded on 03/10/25. SMA at 50 days reached $77.09, while 200 days put it at $67.36.

Levels Of Support And Resistance For C Stock

The 24-hour chart illustrates a support level at 68.96, which if violated will result in even more drops to 67.98. On the upside, there is a resistance level at 70.64. A further resistance level may holdings at 71.34. The Relative Strength Index (RSI) on the 14-day chart is 37.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.95%. Stochastics %K at 18.03% indicates the stock is a buying.

How much short interest is there in Citigroup Inc?

A steep rise in short interest was recorded in Citigroup Inc stocks on 2025-02-28, growing by 1.25 million shares to a total of 34.07 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 32.81 million shares. There was a rise of 3.68%, which implies that there is a positive sentiment for the stock.

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