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Citigroup rated Strong Buy with 36% upside on strong Q2 earnings and efficiency gains

Company Fundamentals
09 Sep 2026
Seeking Alpha
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Bullish
Citigroup rated Strong Buy with 36% upside on strong Q2 earnings and efficiency gains

Citigroup is rated a Strong Buy with a $186 price target, suggesting a 36% gain from its current $137 price. The bank reported strong Q2 2026 results, including $24.8 billion in revenue, $5.8 billion net income, and an EPS of $3.15, alongside improved efficiency with a 57.4% ratio. Citigroup trades at a low forward PEG ratio compared to the sector, supported by growth in services, markets, wealth management, and cards, plus cost efficiency and share buybacks. These factors underpin expectations for sustained earnings growth and capital returns.

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