Mixed Analyst Attention: Citigroup Inc. (C), Cloudera, Inc. (CLDR)

    The shares of Citigroup Inc. (NYSE:C) has been pegged with a rating of Outperform by Keefe Bruyette in its latest research note that was published on July 26th, 2019. The research company has also assigned a $86 price target. Keefe Bruyette 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. Goldman advised investors in its research note published on May 30th, 2019, to Buy the C stock. The stock had earned Buy rating from Jefferies when it published its report on February 22nd, 2019. That day the Jefferies set price target on the stock to $73. The stock was given Outperform rating by Macquarie in its report released on January 7th, 2019. Barclays was of a view that C is Overweight in its latest report on January 2nd, 2019 while giving it a price target of $82. Standpoint Research thinks that C is worth Buy rating. This was contained in the firm’s report on December 26th, 2018.

    Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 3 believe it has the potential for further growth, thus rating it as Hold while 12 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $83.20. The price of the stock the last time has raised by 32.82% 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 41.47.

    The shares of the company added by 1.31% during the trading session on Monday, reaching a low of $64.16 while ending the day at $64.31. During the trading session, a total of 13.2 million shares were traded which represents a 2.98% incline from the average session volume which is 13.60M shares. C had ended its last session trading at 63.48. Citigroup Inc. currently has a market cap of $147.21B, while its P/E ratio stands at 8.98, while its P/E earnings growth sits at 1.94, with a beta of 1.80. Citigroup Inc. debt-to-equity ratio currently stands at 1.36, while its quick ratio hovers at . C 52-week low price stands at $48.42 while its 52-week high price is $75.24.

    The company in its last quarterly report recorded $1.83 earnings per share which is above the $1.80 predicted by most analysts. The Citigroup Inc. generated $18,758.00 million in revenue during the last quarter, which is slightly higher than the $18,494.80 million predicted by analysts. In the second quarter last year, the firm recorded $1.87 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -2.19%. Citigroup Inc. has the potential to record 7.16 EPS for the current fiscal year, according to equities analysts.

    Investment analysts at Stifel published a research note on June 6th, 2019 where it informed investors and clients that Cloudera, Inc. (NYSE:CLDR) is now rated as Hold. Their price target on the stock stands at $6. Goldman also rated CLDR as Upgrade on May 30th, 2019, with its price target of $11 suggesting that CLDR could surge by 33.2% from its current share price. Even though the stock has been trading at $6.68/share, analysts expect it to surge higher by 0.30% to reach $10.03/share. It started the day trading at $6.84 and traded between $6.56 and $6.70 throughout the trading session.

    A look at its technical shows that CLDR’s 50-day SMA is 5.78 while its 200-day SMA stands at 10.36. At the moment, only of Cloudera, Inc. shares were sold short. The company’s average trading volume currently stands at 9.75M shares, which means that the short-interest ratio is just 2.09 days. Over the past seven days, the company moved, with its shift of 0.15%. Looking further, the stock has dropped -35.08% over the past 90 days while it lost -51.52% over the last six months.

    The Vanguard Group Inc meanwhile bought more CLDR shares in the recently filed quarter, changing its stake to $124,441,827 worth of shares.

    The firm bought 418,741 shares during the quarter which increased its stakes to 6,159,206 shares and is now valued at $36,832,052. Following these latest developments, around 1.50% of Cloudera, Inc. stocks are owned by institutional investors and hedge funds.