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Citigroup Gains Momentum on Banamex Sale and Analyst Upgrades as Cramer Stays Bullish

By Venkatesh | October 08, 2025, 10:21 AM

Citigroup Inc. (NYSE:C) is one of Jim Cramer’s Recession-Proof Stock Picks.

Jim Cramer acknowledges the stock’s growth potential amid the Banamex sales announcement and consensus Buy rating from analysts.

Citigroup Gains Momentum on Banamex Sale and Analyst Upgrades as Cramer Stays Bullish

On September 4, 2025, Citigroup Inc. (NYSE:C) announced the sale of a 25% equity stake in Grupo Financiero Banamex, S.A. de C.V. CHPAF Holdings S.A.P.I de C.V., owned by Fernando Chico Pardo and his family, purchases the equity from the company in a transaction valued at approximately $2.3 billion.

Among the 25 analysts, followed by CNN, Citigroup Inc. (NYSE:C) gained a consensus Buy rating with the stock’s average anticipated to grow by 9.47% in one year. According to Jim Cramer, the stock will potentially achieve a growth of 28% next year. Further addressing the stock, Cramer has made the following statement.

“And even though the stock’s had a huge run, it remains the cheapest of the big banks. That’s why that disparity, it’s going to close to the upside.”

Citigroup Inc. (NYSE:C) is heavily backed by institutional investors, with 102 hedge funds invested in the stock as of the second quarter of 2025.

New York-based company, Citigroup Inc. (NYSE:C), is a multinational investment bank and financial services corporation formed in 1998 through a merger of Citicorp and Travelers Group. The company offers a broad range of consumer, corporate, and investment banking services.

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READ NEXT: 12 Set-It-and-Forget-It Stocks to Buy Now and 12 Stocks with Consistent Growth to Invest In.

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