Citigroup Reiterates Buy Rating on FLG with $18 Target
Citigroup analyst Benjamin Gerlinger maintains a buy rating on FLG with a $18 price target, a 19.36% upside from the current price.
Key Points
- Citigroup reiterated its buy rating on FLG, setting a price target of $18 on June 25, 2026.
- Citigroup's $18 price target implies 19.36% upside from Flagstar Bank, National Association's ($FLG) current $15.08 share price.
- FLG shares traded at $15.08 on Friday, with significant institutional holdings by firms like BlackRock and Liberty 77 Capital.
- Several analysts, including Piper Sandler and RBC Capital, have maintained their ratings on FLG, with targets ranging from $16 to $18.
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Citigroup analyst Benjamin Gerlinger has reiterated a buy rating for FLG, setting a price target of $18. This update came on June 25, 2026, as FLG shares traded at $15.08 on Friday.
Citigroup vs. the S&P 500
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Other Institutional Activity in FLG
LIBERTY 77 CAPITAL L.P. maintained its position in FLG with nearly 75 million shares valued at about $987.7 million. BlackRock, Inc. trimmed its holdings by 1,936,480 shares, ending with 41,101,290 shares worth approximately $541.3 million, reflecting a 4.5% decrease. REVERENCE CAPITAL PARTNERS, L.P. held steady with 35,981,113 shares valued at around $473.9 million. HUDSON BAY CAPITAL MANAGEMENT LP also maintained its position with 34,689,439 shares, valued at $456.9 million. STATE STREET CORP reduced its stake by 1,091,157 shares, holding 16,610,541 shares worth about $218.8 million, a 6.2% decrease. VANGUARD PORTFOLIO MANAGEMENT LLC opened a new position with 15,644,805 shares, valued at approximately $206 million.
Flagstar Bank, National Association Stock Up 12.1%
FLG shares traded at $15.08 on Friday. The stock has been a focal point for several institutional investors, with significant positions held by major funds.
$FLG price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Flagstar Bank, National Association
Insider activity at FLG included multiple transactions by Steven Mnuchin. On January 27, 2026, Mnuchin purchased 9,939 shares. These transactions were not part of a planned trading program.
Analysts Set New Price Targets
On June 25, 2026, Citigroup maintained its buy rating on FLG with a price target of $18. Piper Sandler also maintained a buy rating with a $16.5 target on April 27, 2026. RBC Capital kept a hold rating with a $16 target on the same day. Other firms like DA Davidson and Barclays have also maintained buy ratings, with targets around $17 and $16, respectively.
Bottom Line
Citigroup's reiteration of a buy rating with an $18 price target underscores its confidence in FLG's prospects. Institutional investors like BlackRock and Liberty 77 Capital have shown significant interest in the stock. Analyst ratings remain generally positive, reflecting a consensus view of FLG's potential.
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