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Ratings · Intelligence · Citigroup

Citigroup

20,385 total ratings · Since 2012 · View all ratings →
Upgrade grade
C
Downgrade grade
B
Citigroup traces its origins back to the First National City Bank, founded in 1812, though it took its current form following the 1998 merger of Citicorp and Travelers Group, creating a financial powerhouse that quickly became synonymous with global banking prominence. As one of the largest financial institutions in the world with operations spanning more than 160 countries, Citigroup commands significant influence in equity research through its extensive analyst network that has generated over 20,000 ratings calls on US equities in our database. The firm's research coverage spans virtually every major sector, though it has built particular strength in financial services, technology, healthcare, and energy, leveraging its relationships across its sprawling institutional banking business to maintain deep access to corporate management. What distinguishes Citigroup's research culture is its integration with one of Wall Street's most active trading platforms, giving its analysts real-time market feedback and allowing them to rapidly synthesize client trading activity into actionable insights, an advantage that has made Citi research both influential and closely watched by quantitative investors seeking edge in execution and timing.
Upgrades
1,470
72.11% win rate · avg +2.31% D1
Downgrades
1,534
74.19% win rate · avg -2.82% D1
Avg Gap — Upgrades
+2.16%
open vs prev close
Avg Gap — Downgrades
-2.73%
open vs prev close

Performance by Sector

Sector ↑ Win% ↑ D1 ↓ Win% ↓ D1
Financial Services 71.63% (215) +1.60% 69.41% (219) -1.46%
Consumer Cyclical 72.25% (191) +2.73% 70.27% (222) -2.33%
Healthcare 76.76% (185) +3.98% 79.60% (201) -5.64%
Technology 79.55% (176) +2.56% 74.49% (196) -3.88%
Energy 65.67% (134) +1.30% 71.62% (148) -1.86%
Basic Materials 68.75% (128) +1.97% 76.43% (140) -2.22%
Industrials 69.53% (128) +1.55% 69.37% (111) -2.02%
Communication Services 72.73% (88) +3.80% 87.50% (96) -4.24%
Consumer Defensive 78.41% (88) +1.88% 81.71% (82) -2.99%
Real Estate 61.63% (86) +0.98% 70.37% (81) -0.59%
Utilities 72.73% (44) +2.79% 66.67% (33) -1.91%

Win Rate by Year

Year ↑ Win% ↑ Calls ↓ Win% ↓ Calls
2026 72.0% 93 77.8% 108
2025 69.6% 158 75.6% 131
2024 71.3% 122 76.3% 139
2023 69.4% 111 75.5% 110
2022 65.8% 73 77.2% 127
2021 81.4% 102 82.5% 80
2020 70.9% 151 60.5% 114
2019 75.2% 105 73.9% 138
2018 67.5% 117 78.8% 85
2017 75.3% 93 77.0% 87

Recent Calls

Date Ticker Company Sector Action Grade Change PT Gap D1
Oct 1, 2026 RKLB Rocket Lab USA, Inc. Industrials Initiates Buy $105 +3.8% +1.1%
Sep 30, 2026 TNDM Tandem Diabetes Care, Inc. Healthcare Reiterates Neutral $20 +0.4% -1.6%
Sep 30, 2026 NUVB Nuvation Bio Inc. Healthcare Initiates Buy $12 +3.4% -0.4%
Sep 30, 2026 JAZZ Jazz Pharmaceuticals plc Healthcare Initiates Buy $325 -0.3% -0.4%
Sep 30, 2026 MRNA Moderna, Inc. Healthcare Downgrade Neutral → Sell $80 -8.3% -5.4%
Sep 30, 2026 LYB LyondellBasell Industries N.V. Basic Materials Downgrade Buy → Neutral $63 -0.5% -1.2%
Sep 30, 2026 DOW Dow Inc. Basic Materials Downgrade Buy → Neutral $30 -0.5% -0.3%
Sep 29, 2026 RDY Dr. Reddy's Laboratories Limited Healthcare Upgrade Sell → Buy — +3.2% +2.7%
Sep 28, 2026 JHX James Hardie Industries plc Basic Materials Downgrade Buy → Neutral — -3.1% -2.7%
Sep 24, 2026 PEP PepsiCo, Inc. Consumer Defensive Reiterates Neutral $142 +0.6% -1.6%
Sep 24, 2026 VSNT Versant Media Group, Inc. Class A Industrials Initiates Buy $41 +0.5% +1.4%
Sep 24, 2026 DBX Dropbox, Inc. Technology Downgrade Neutral → Sell $29 -3.3% -4.6%
Sep 24, 2026 ARCT Arcturus Therapeutics Holdings Inc. Healthcare Upgrade Neutral → Buy $20 +4.8% +6.2%
Sep 23, 2026 MAZE Maze Therapeutics, Inc. Healthcare Initiates Buy $50 -0.3% -1.0%
Sep 23, 2026 MDGL Madrigal Pharmaceuticals, Inc. Healthcare Initiates Buy $725 +0.8% -1.1%
Sep 22, 2026 STZ Constellation Brands, Inc. Consumer Defensive Reiterates Buy $165 +1.0% -0.7%
Sep 22, 2026 FITB Fifth Third Bancorp Financial Services Upgrade Neutral → Buy $62 +0.9% -1.0%
Sep 21, 2026 AON Aon plc Financial Services Reiterates Buy $435 +0.5% -1.6%
Sep 18, 2026 STUB StubHub Holdings, Inc. Technology Upgrade Neutral → Buy $7 +7.7% -0.3%
Sep 17, 2026 MCD McDonald's Corporation Consumer Cyclical Reiterates Buy $310 +0.7% -0.0%
Sep 17, 2026 BSX Boston Scientific Corporation Healthcare Downgrade Buy → Neutral $50 -1.0% -0.8%
Sep 17, 2026 HAE Haemonetics Corporation Healthcare Upgrade Neutral → Buy $123 +2.0% +1.3%
Sep 15, 2026 FCEL FuelCell Energy, Inc. Industrials Initiates Neutral $19 -0.6% -0.2%
Sep 14, 2026 LYNX — — Initiates Buy $19 -0.3% +5.7%
Sep 8, 2026 ARWR Arrowhead Pharmaceuticals, Inc. Healthcare Initiates Buy $108 -2.5% -1.4%