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Analysts Are Bullish on Top Financial Stocks: Citigroup (C), Beacon Financial Corporation (BBT)

Tipranks - Tue May 5, 6:52AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Citigroup (C) and Beacon Financial Corporation (BBT) with bullish sentiments.

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Citigroup (C)

Goldman Sachs analyst Richard Ramsden maintained a Buy rating on Citigroup yesterday and set a price target of $149.00. The company’s shares closed last Friday at $127.44.

According to TipRanks.com, Ramsden is a 5-star analyst with an average return of 16.9% and a 72.9% success rate. Ramsden covers the Financial sector, focusing on stocks such as Bank of America, Morgan Stanley, and JPMorgan Chase. ;'>

Citigroup has an analyst consensus of Strong Buy, with a price target consensus of $144.90, representing a 12.6% upside. In a report issued on April 29, Barclays also maintained a Buy rating on the stock with a $154.00 price target.

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Beacon Financial Corporation (BBT)

Piper Sandler analyst Justin Crowley reiterated a Buy rating on Beacon Financial Corporation today and set a price target of $33.00. The company’s shares closed last Friday at $28.71.

According to TipRanks.com, Crowley is a 4-star analyst with an average return of 14.2% and a 76.3% success rate. Crowley covers the Financial sector, focusing on stocks such as Chain Bridge Bancorp, Inc. Class A, Farmers & Merchants Bancorp, and Western New England Bancorp. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Beacon Financial Corporation with a $32.91 average price target, implying a 16.2% upside from current levels. In a report issued on May 1, KBW also maintained a Buy rating on the stock with a $33.00 price target.

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