Citi(US:C) Benzinga·2026-01-08 18:02Core Insights - Investors are showing a bullish stance on Citigroup, with significant options trades indicating potential upcoming movements in the stock [1][2] - The overall sentiment among large traders is mixed, with 45% bullish and 31% bearish positions noted [2] - Analysts have set an average price target of $135.4 for Citigroup, with various ratings from different firms [9][10][12] Options Trading Activity - A total of 22 uncommon options trades were detected for Citigroup, with 11 puts totaling $1,314,168 and 11 calls totaling $493,459 [2] - The price targets from whale trades have been identified in a range from $45.0 to $140.0 over the last three months [3] - Significant options trades include a bearish put option with a strike price of $120.00 and a bullish call option with a strike price of $45.00 [7] Market Performance - Citigroup's current stock price is $121.25, reflecting a slight decrease of -0.1% with a trading volume of 3,597,869 [10] - Analysts from Goldman Sachs and Piper Sandler maintain a Buy and Overweight rating, respectively, with target prices of $127 and $130 [10][12] - JP Morgan has upgraded its rating to Overweight with a target price of $124, while Wells Fargo and Barclays maintain Overweight ratings with target prices of $150 and $146, respectively [12] Company Overview - Citigroup operates globally in over 100 countries, providing services in banking, markets, and wealth management [8] - The company's primary services include cross-border banking for multinational corporations, investment banking, and credit card services in the U.S. [8]