+ Watch C
on My Watchlist
A global financial services firm, Citigroup provides a range of offerings to consumer and corporate customers.
Book value and future rising interest rates
large cash position; value
The settlement helps C a lot -- some say they even got off easy given the nature and extent of their transgressions, but they are poised for growth (especially in Asia and Africa), so I like $50/share is right around the corner and then steadily up from there.
If the government treats the banks like it has other "vulnerable" industries, there will be additional fines for other reasons.
The cleanup of it's legal issues and toxic assets should boost future earnings and allow it to trade at a higher price/book (currently P/B is 0.71). It shouldn't be hard to get this to move 50% in the coming few quarters.
I picked this stock because it has a Price/Book ratio of less than 1, sales above 25B$ and EBIT larger than 10B$.
in while its "out"
The Worlds Bank.
Citibank will become the Worlds Bank.
On the rec of Kirk Spano.
Same as AIG, this is a long-suffering stock. I'm looking for a multi-year recovery as fundamentals and reputation gets better. It may never go back to its past glory, but there's a lot of room from here to there.
Still trades at a discount to book. Still expect earnings growth. Down the line, dividends will improve.
Citi continues to make slow strides forward on both the topline and bottomline. The stock price continues to trade at a discount its value and will likely have a long uptrend for many years.
Citi will continue to see better growth now that some of the dust has settled. While the company is still struggling to make shareholders completely confident in executive leadership, investors will start to see that C is not the ugly cousin. That being said... the bull will continue to rise and will outpace Citi.
Very undervalued, might be dead money, however, Ill shoot for the moon on this one
I don't care for the bank, but it is extremely undervalued and looks poised to hand gains to shareholders. The Fed not finding the bank able to hold up under stress or the so called stress test being reported looked like they could (as the min capital reqs for the banks was 5%, and citi was 1.5% above looks great from a technical perspective. I may open up a real position in it soon as it looks like capital gains are to be had here.
Stock dropped due to Fed rejecting its capital plan. Longer term, C will benefit from rising interest rates.
Citigroup is undervalued to its tangible book value per share
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions