Jim Cramer Discusses Citigroup (C) in Detail

We recently published 11 Stocks on Jim Cramer’s Radar.  Citigroup Inc. (NYSE:C) is one of the stocks on Jim Cramer radar.

Banking giant Citigroup Inc. (NYSE:C)’s shares are up by 66% over the past year. 2026 has started off on a strong note for the stock when it comes to analyst coverage. One fresh example comes in the form of an optimistic note from Bank of America. In its coverage, BofA raised Citigroup Inc. (NYSE:C)’s share price target to $140 from $120 and kept a Buy rating on the stock. It points out that the bank’s 11x P/E multiple offers a discount to its peers. The discounted multiple is also a key theme when it comes to Jim Cramer’s coverage of the banking sector. In this appearance, he discussed Barclays’ coverage of Citigroup Inc. (NYSE:C), which maintained an Overweight rating for the shares and hiked the share price target to $146 from $115.:

“Okay, David, we talk a lot about tech here, and that’s right. But we don’t talk enough about the banks.  Those stocks have been nothing short of amazing. Barclays kind of, codifies that. They talk about how Citigroup’s going to have, that’s like their focused name. But there really isn’t any of the, they’re not excited about Goldman Sachs, Morgan Stanley, Wells Fargo, Bank of America. Now look at this, this is not a semiconductor company. This is a company that’s getting a price-to-earnings multiple in part because of the new regime in Washington but also, because the earnings power turned out to be far greater than people thought. So I am going to stick with the idea that the banks are still inexpensive. We’re talking about 14, 15 times earnings. I don’t like to buy them ahead of the earnings, because there’s always going to be one.”

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Disclosure: None. This article is originally published at Insider Monkey.