JP Morgan upgraded Citigroup Inc (C) to Overweight from Neutral on December 11, 2025. The current share price stands at $111.73.
This upgrade reflects a more optimistic outlook on Citigroup's prospects, suggesting improved fundamentals or enhanced confidence in the company's strategic direction. Citigroup, headquartered in New York City, is a major player in the banking industry, providing a wide range of financial products and services through its various segments, including Services, Markets, Banking, Wealth, and U.S. Personal Banking (USPB).
As of December 11, 2025, Citigroup has a market capitalization of $198.8 billion, a price-to-earnings (P/E) ratio of 13.53, and an earnings per share (EPS) of 7.73. The company's dividend yield is currently 216.0%.
Upcoming earnings are scheduled for July 13, 2026, with an estimated EPS of $2.57 and revenue of $22.7 billion. Analyst consensus indicates a Buy rating, with 7 Strong Buy, 16 Buy, and 6 Hold ratings among 29 analysts.
Recent earnings performance has shown positive surprises, including a Q3 2025 EPS of $2.24, exceeding estimates by 15.6%. This trend of exceeding expectations may contribute to the upgraded rating by JP Morgan.
Analyst ratings are subject to change based on new information, and they should be considered alongside other factors such as company fundamentals and market conditions.