The shares of Citigroup Inc. (NYSE:C) has been pegged with a rating of Outperform by Macquarie in its latest research note that was published on January 7th, 2019. Macquarie wasn’t the only research firm that published a report of Citigroup Inc., with other equities research analysts also giving their opinion on the stock. Barclays advised investors in its research note published on January 2nd, 2019, to Overweight the C stock while also putting a $82 price target. The stock had earned Buy rating from Standpoint Research when it published its report on December 26th, 2018. The stock was given Buy rating by HSBC Securities in its report released on April 11th, 2018, the day when the price target on the stock was placed at $85. Macquarie was of a view that C is Neutral in its latest report on February 12th, 2018 while giving it a price target of $84. Keefe Bruyette thinks that C is worth Mkt Perform rating. This was contained in the firm’s report on January 17th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 5 believe it has the potential for further growth, thus rating it as Hold while 13 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $76.73. The price of the stock the last time has raised by 27.24% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 51.32.
The shares of the company dipped by -0.65% during the trading session on Monday, reaching a low of $61.42 while ending the day at $61.61. During the trading session, a total of 14.38 million shares were traded which represents a 33.27% incline from the average session volume which is 21.55M shares. C had ended its last session trading at 62.01. Citigroup Inc. currently has a market cap of $152.40B, while its P/E ratio stands at 9.19, while its P/E earnings growth sits at 2.15, with a beta of 1.70. Citigroup Inc. debt-to-equity ratio currently stands at 1.26, while its quick ratio hovers at . C 52-week low price stands at $48.42 while its 52-week high price is $78.42.
The company in its last quarterly report recorded $1.61 earnings per share which is above the $1.55 predicted by most analysts. The Citigroup Inc. generated $17,124.00 million in revenue during the last quarter, which is slightly lower than the $17,554.40 million predicted by analysts. In the second quarter last year, the firm recorded $1.73 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -7.45%. Citigroup Inc. has the potential to record 6.71 EPS for the current fiscal year, according to equities analysts.
Investment analysts at UBS published a research note on January 31st, 2019 where it informed investors and clients that QUALCOMM Incorporated (NASDAQ:QCOM) is now rated as Neutral. Their price target on the stock stands at $55. Barclays also rated QCOM as Reiterated on January 2nd, 2019, with its price target of $82 suggesting that QCOM could surge by 21.49% from its current share price. Even though the stock has been trading at $50.29/share, analysts expect it to surge higher by 1.07% to reach $64.74/share. It started the day trading at $51.3 and traded between $50.38 and $50.83 throughout the trading session.
A look at its technical shows that QCOM’s 50-day SMA is 54.90 while its 200-day SMA stands at 60.35. The stock has a high of $76.50 for the year while the low is $48.56. The company’s P/E ratio currently sits at 33.77, while the P/B ratio is 17.06. The company’s average trading volume currently stands at 17.45M shares, which means that the short-interest ratio is just 3.13 days. Over the past seven days, the company moved, with its shift of 2.29%. Looking further, the stock has dropped -19.59% over the past 90 days while it lost -21.90% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc sold more QCOM shares, decreasing its portfolio by -3.53% during the last quarter. This move now sees The Vanguard Group Inc selling -3,854,677 shares in the last quarter, thus it now holds 105,497,685 shares of QCOM, with a total valuation of $6,003,873,253. BlackRock Fund Advisors meanwhile sold more QCOM shares in the recently filed quarter, changing its stake to $3,693,790,956 worth of shares. SSgA Funds Management Inc followed the path by increasing its QCOM portfolio by +2.52% in the quarter. This means that SSgA Funds Management Inc bought 1,392,778 shares in the last quarter and now controls 56,769,294 shares of the QCOM stock, with the valuation hitting $3,230,740,522.
Similarly, Fidelity Management Research Co decreased its QUALCOMM Incorporated shares by -32.57% during the recently filed quarter. After selling -18,327,457 shares in the last quarter, the firm now controls 37,937,617 shares of QUALCOMM Incorporated which are valued at $2,159,029,783. In the same vein, T Rowe Price Associates Inc decreased its QUALCOMM Incorporated shares by during the most recent reported quarter. The firm sold -358,691 shares during the quarter which decreased its stakes to 26,050,447 shares and is now valued at $1,482,530,939. Following these latest developments, around 0.09% of QUALCOMM Incorporated stocks are owned by institutional investors and hedge funds.