Jim Cramer Discusses Citigroup (C) in Detail

Group 1 - Citigroup Inc. (NYSE:C) has seen its shares increase by 66% over the past year, indicating strong market performance [2] - Bank of America has raised Citigroup's share price target to $140 from $120 while maintaining a Buy rating, highlighting the bank's attractive 11x P/E multiple compared to its peers [2] - Barclays has also increased its price target for Citigroup to $146 from $115 and maintained an Overweight rating, reflecting positive analyst sentiment towards the stock [2][3] Group 2 - The banking sector, including Citigroup, is perceived as inexpensive with P/E multiples around 14 to 15 times earnings, suggesting potential for further growth [3] - There is a noted shift in focus towards banks, with analysts expressing less enthusiasm for other major banks like Goldman Sachs and Morgan Stanley compared to Citigroup [3]