On Thursday, Truist Securities expressed continued confidence in Citigroup (NYSE:) shares, reiterating a Buy rating with a steady price target of $85.00. The firm’s analysis suggests that Citigroup’s earnings per share (EPS) estimates for the years 2025 and 2026 remain unchanged at $7.50 and $9.30 respectively.
The price target reflects approximately 9.1 times the projected 2026 EPS and nearly 0.9 times the year-end 2025 estimated tangible book value (TBV). Currently trading at $78.27 and near its 52-week high of $79.25, Citigroup appears slightly undervalued according to InvestingPro analysis, which offers comprehensive valuation metrics and 10+ additional insights.
The research firm’s revenue estimate for Citigroup in 2025 is largely consistent with the previous forecast, at around $84 billion, which aligns with the midpoint of the management’s updated guidance range of $83.5 to…
