AnalystsInsight

Charles Armitage (Citi): Analyst Track Record and Price‑Target Accuracy

How often Charles Armitage’s price targets were reached, how fast, and what the stocks did after each call: a 7‑year backtest of 16 ratings, compared with the average Wall Street analyst.

Reviewed by:David, Senior AnalystPublished Oct 12, 2026Updated Oct 18, 20263 min readHow we research

What changed since Oct 12

Exent re-checks this page every day. Ratings appear 30 days after they are published; live calls are in Gems.

+1 new rating (EPA-EXENS)

Key takeaways

Charles Armitage ranks #542 of 1,000 analysts in Exent’s scoring (4.8★).
85.7% of price targets were reached over 7 years, versus 52.4% for the average analyst.
Median time to reach a target: 191 days; 75.0% of calls were up 12 months later.
Most‑covered stocks: EPA-AIR, LON-RR, ETR-MTX, LON-BA.
Free on Exent: Charles Armitage’s full record, with ratings 3 days after publication.

In this article

Charles Armitage’s track record at a glance
How fast price targets were reached
Stocks Charles Armitage covers most
Charles Armitage’s latest ratings
How Exent scores analysts

Charles Armitage’s track record at a glance

Charles Armitage of Citi ranks #542 of the 1,000 analysts Exent scores, with a 4.8★ rating and a focus on industrials. Over a 7‑year lookback, 85.7% of Charles’s price targets were reached, 33.3 points above the 52.4% average across all analysts.

Metric	Charles Armitage	All analysts
Price‑target hit rate	85.7%	52.4%
Median days to hit target	191 days	91 days
Calls up after 12 months	75.0%	64.0%
Median 12‑month return of calls	+45.3%	+13.4%
Hit rate, last 2 years	—	—
Average worst drop after a call	−21.4%	—
Ratings in the sample	16	—
Stocks covered	22	—

The full records of Exent’s top 90 analysts and the top 50 of each sector, and the stocks where several of them agree right now, are members‑only in Exent Gems.

See the top-ranked analysts in Gems

How fast price targets were reached

Time to reach the target	Charles Armitage
Under 30 days	16.7%
30–90 days	0.0%
90–180 days	16.7%
Over 180 days	66.7%

Share of the targets that were reached, by how long they took. Targets are usually set for 12 months.

Stocks Charles Armitage covers most

Stock	Ratings in the sample
EPA-AIR	115
LON-RR	44
ETR-MTX	33
LON-BA	28
EPA-SAF	27
EPA-HO	22
BIT-LDO	22
ETR-HAG	17

In the past year Charles’s ratings were 46% Buy, 46% Hold and 8% Sell.

Charles Armitage’s latest ratings

Date	Stock	Action	Rating	Price target
Sep 18, 2026	EPA-EXENS	Reiterated: Hold	Hold	$70.00
Aug 17, 2026	LON-RR	Reiterated: Hold	Hold	$1647.00
Jul 24, 2026	EPA-HO	Reiterated: Buy	Buy	$317.00
Jul 7, 2026	EPA-HO	Reiterated: Buy	Buy	$315.00
Jun 24, 2026	LON-BAB	Reiterated: Buy	Buy	$1556.00
Jun 24, 2026	LON-BAB	Maintained: Buy	Buy	$1556.00
Jun 16, 2026	LON-QQ	Maintained: Buy	—	$605.00
Jun 16, 2026	LON-QQ	Reiterated: Buy	Buy	$605.00
Jun 8, 2026	EPA-SAF	Maintained	Hold	$305.00
Jun 8, 2026	EPA-SAF	Maintained: Hold	Hold	$305.00
May 18, 2026	STO-SAAB.B	Upgraded	Sell → Hold	$527.00
May 18, 2026	ETR-RHM	Upgraded	Hold → Buy	$1408.00

Sep 18, 2026
Stock
EPA-EXENS
Action
Reiterated: Hold
Rating
Hold
Price target
$70.00
Aug 17, 2026
Stock
LON-RR
Action
Reiterated: Hold
Rating
Hold
Price target
$1647.00
Jul 24, 2026
Stock
EPA-HO
Action
Reiterated: Buy
Rating
Buy
Price target
$317.00
Jul 7, 2026
Stock
EPA-HO
Action
Reiterated: Buy
Rating
Buy
Price target
$315.00
Jun 24, 2026
Stock
LON-BAB
Action
Reiterated: Buy
Rating
Buy
Price target
$1556.00
Jun 24, 2026
Stock
LON-BAB
Action
Maintained: Buy
Rating
Buy
Price target
$1556.00
Jun 16, 2026
Stock
LON-QQ
Action
Maintained: Buy
Rating
—
Price target
$605.00
Jun 16, 2026
Stock
LON-QQ
Action
Reiterated: Buy
Rating
Buy
Price target
$605.00
Jun 8, 2026
Stock
EPA-SAF
Action
Maintained
Rating
Hold
Price target
$305.00
Jun 8, 2026
Stock
EPA-SAF
Action
Maintained: Hold
Rating
Hold
Price target
$305.00
May 18, 2026
Stock
STO-SAAB.B
Action
Upgraded
Rating
Sell → Hold
Price target
$527.00
May 18, 2026
Stock
ETR-RHM
Action
Upgraded
Rating
Hold → Buy
Price target
$1408.00

Charles’s ratings are free on Exent 3 days after publication. Exent Gems has them the same day, with the calls of the top‑ranked analysts and the stocks where several of them agree.

See the top-ranked analysts in Gems

How Exent scores analysts

Exent replays every rating with a price target over a 7‑year lookback: was the target reached, how long it took, and what the stock returned 1, 3, 6 and 12 months after the call. The star rating and rank combine success rate, average return and the number of ratings, so a few lucky calls do not make a top analyst. Statistics as of Jun 24, 2026; ranking updated Oct 20, 2026. How accurate are analyst price targets overall?

Past performance does not guarantee future results. Historical figures are calculated by Exent from market data and are for education only; they are not investment advice or a recommendation to buy or sell any security.

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Exent Gems shows Charles Armitage’s live ratings and those of the top‑ranked analysts, without the 30‑day delay used on this page.
Gems are the stocks where several 4★+ analysts agree: Exent’s shortlist of high‑conviction ideas.
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Frequently asked questions

By Exent’s scoring Charles Armitage ranks #542 of 1,000 with a 4.8★ rating. 85.7% of price targets were reached over a 7-year lookback (all analysts: 52.4%), and 75.0% of calls were up 12 months later. Past accuracy does not guarantee future accuracy.

Charles Armitage’s success rate is 72.1% by the ranking source and 85.7% by Exent’s price-target hit-rate backtest, with a median of 191 days to reach a target.

Charles Armitage (Citi) covers 22 stocks, mostly in industrials. The most frequently rated are EPA-AIR, LON-RR, ETR-MTX, LON-BA, EPA-SAF.

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DISCLAIMER: Exent AI is an informational research platform and does not provide investment advice, financial advice, or act as an investment adviser, broker-dealer, or fiduciary. All content, analytics, and model outputs are provided for educational and informational purposes only and should not be relied upon as a recommendation to buy, sell, or hold any financial instrument. Investing involves risk, including the possible loss of principal. Exent AI does not execute trades, hold customer funds, or provide brokerage services. Past performance and hypothetical results are not indicative of future results. Third-party data and AI-generated outputs may be incomplete or inaccurate.

What changed since Oct 12

Key takeaways

Are Analyst Price Targets Accurate? 7 Years of Data

How to Follow Wall Street Analysts the Smart Way: Track Records, Not Headlines

What Are Exent Gems? Top‑Analyst Agreement Explained