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Citigroup Inc. (NYSE:C) eliminating some of its credit-card perks

By on June 26, 2019 0

The world’s largest credit-card issuer Citigroup Inc. (NYSE:C) is eliminating some of its credit-card perks as it launches a new way for customers to use points. Citigroup Inc. will discontinue free trip insurance and price-protection guarantees from all its U.S. cards, while other perks, including car-rental and lost-baggage insurance, will be pulled from some accounts. Separately on Tuesday, the bank introduced a new way for customers to redeem their ThankYou points.

Citigroup Inc. (NYSE:C) shares shed -1.29% to finally closed at $66.54 in last active session. 

C’s distance from 20 day simple moving average is 0.69% and distance from 50-Day simple moving average is -0.86%.

Analyst’s mean target price for C is $80.13 while analysts mean recommendation is 1.90. Stock value has moved between $48.57 – 75.61 in last one year. Stock has got OUTPERFORM rating from 12 of Thomson Reuters analysts, 3 given HOLD rating to the stock and 1 given UNDERPERFORM rating. Analyst’s mean target price for C is $80.13 while analysts mean recommendation is 1.90. 

Citigroup Inc. (NYSE:C) yearly performance is -0.98%. Annual EPS Growth of past 5 years is 9.40%. The current share price indicates that stock is -11.56% away from its one year high and is moving 37.42% ahead of its 52-week low. 



On 25 June 2018, Intel Corporation (NASDAQ:INTC) shares shed -1.64% and ultimately finalized to $46.85 in last traded day. Stock has got OUTPERFORM rating from 8 of Thomson Reuters analysts, 17 given HOLD rating to the stock and 8 given UNDERPERFORM rating. Analyst’s mean target price for INTC is $52.72 while analysts mean recommendation is 2.90. 



At the movement Wynn Resorts, Limited (NASDAQ:WYNN) is under coverage by number of analysts. Buy rating has been given by 6 analysts to the company stock whereas 0 given UNDERPERFORM rating to stock and 8 given HOLD rating. The consensus recommendation by Thomson Reuters analysts is 1.47 and their mean rating for the stock is 2.11 on scale of 1-5. Analysts mean target price for Wynn Resorts, Limited (NASDAQ:WYNN) is $144.13 while their mean recommendation is 2.20 (1=Buy, 5=sell). 

If we look at stock performance in last active day trading, we see that stock has moved shed -2.51% to end the day at $118.96. The current share price indicate that stock is -30.32% away from its one year high and is moving 32.09% ahead of its 52-week low. 

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