TD Cowen reinstates Buy for Citigroup stock at USD 150 target

Citigroup Inc. (US1729674242) was trading at EUR 112.94 at Lang & Schwarz on October 8, 2026 at 3:37 p.m. CEST, minus 0.70 percent versus the prior close of EUR 113.74. On October 8, 2026, TD Cowen analyst R. Scott Siefers reinstated a Buy rating and set a USD 150.00 price target for Citigroup, according to GuruFocus.

Three dated turning points

On July 14, 2026, Citigroup reported second-quarter net income of USD 5.83 billion, up 45.00 percent from USD 4.02 billion a year earlier, according to MarketScreener. On October 2, 2026, Citi scheduled its third-quarter release for October 13, with results due at 8:00 a.m. ET, per Citigroup. The October 8 TD Cowen action is the latest dated event, with the USD 150.00 target and Buy rating providing a fresh analyst reference before the report.

What does the target mean for valuation?

The analyst target is stated in USD, while the reference quotation for German investors is in EUR, so the two prices are not netted into one percentage. GuruFocus also reported a 2.01 percent dividend yield and a 25.00 percent payout ratio for Citigroup on October 8, 2026, adding an income measure alongside the analyst view.

Results set for October 13

Citigroup's second-quarter revenue reached USD 24.77 billion, 14.00 percent above the USD 21.67 billion reported for the second quarter of 2025, according to MarketScreener. Return on average tangible common equity was 13.00 percent in the second quarter, versus 8.70 percent a year earlier, while the efficiency ratio improved to 57.40 percent from 62.70 percent.

Reuters reported on October 8, 2026, that Citigroup Chief Financial Officer Gonzalo Luchetti expected return on tangible common equity to finish slightly above the 11.00 percent target for 2026, while higher Treasury yields could pressure dealmaking, lending growth and funding costs across large US banks.Reuters

EUR 112.94 before the earnings test

On the NYSE, Citigroup was last at USD 126.58 on October 8, 2026 at 9:45 a.m. ET, with a 52-week range of USD 93.66 to USD 147.96. The Lang & Schwarz quote stood at EUR 112.94 at 3:37 p.m. CEST on October 8, 2026, minus 0.70 percent versus the EUR 113.74 prior close; the next report is scheduled for October 13, 2026, with the webcast at 11:00 a.m. ET. The further course of trading is shown by the continuously updated real-time quote of Citigroup stock.

Market context: Market report S&P 500.

More news and analyses on Citigroup stock