Below is a link regarding citi analysis released yesturday by...

Below is a link regarding citi analysis released yesturday by motley fool.

In case people didnt know why it is going up, as I believe this is why the share price is moving higher.

https://www.**promotion blocked**.au/2019/01/08/anz-cba-nab-or-westpac-top-broker-names-the-bank-share-to-buy/

release date: 8/01/2019

Last year was one to forget for the big four banks. The combination of the cooling housing market and the Royal Commission led to the banks losing a significant amount of their market value.The Australia and New Zealand Banking Group(ASX: ANZ) share price fell 15%, the Commonwealth Bank of Australia (ASX: CBA)share price dropped 10%, the National Australia Bank Ltd (ASX: NAB) share price tumbled 19%, and the Westpac Banking Corp (ASX: WBC) share price plunged 20% to make it the worst performing big four bank in 2018.Is it time to buy the banks?I believe these declines have left all four banks at very attractive levels for investors and I’m not alone in thinking this way. One leading one broker that appears to believe that the banks have been oversold is Citi.According to a note out of the investment bank, it feels the selloff has created an opportunity for Australian investors in 2019.It has suggested that investors focus on the commercial side of banking and restructuring opportunities.Which means that National Australia is the broker’s number one pick in the sector right now.Citi has a buy rating and sizeable $31.00 price target on the banking giant’s shares, implying potential upside of over 27% excluding dividends over the next 12 months.If you include its dividend, which Citi estimates will remain at $1.98 per share, then this potential return in excess of 35%.What about the other banks?Although National Australia is Citi’s top pick, it is still positive on the prospects of the other banks as well in 2019.Its next preferred bank is ANZ Bank, followed by Westpac, and then finally Commonwealth Bank.While I agree with Citi that all the big four banks are in the buy zone now, my preference remains Westpac and then ANZ Bank for valuation and yield reasons.

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my opinion is below:

I think price on financial stocks hasn't moved to much today because the banks in USA have gone down a little due to Goldman being sued by Malaysia (Old News but still causing issues on the financial front)... google searches on 1MDB can bring you up to speed on this.