It's puzzling that their tangible book value is much greater--nearly double--than their stock price. Something is wrong here. Why?
(A Top Pick Jan 07/22, Down 30%)
Has since sold shares.
Company proving to be a value trap.
Lost patience with company.
Will invest in other companies within sector.
Citigroup Inc. is a American stock, trading under the symbol C-N on the New York Stock Exchange (C). It is usually referred to as NYSE:C or C-N
In the last year, 10 stock analysts published opinions about C-N. 4 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Citigroup Inc..
Citigroup Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Citigroup Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
10 stock analysts on Stockchase covered Citigroup Inc. In the last year. It is a trending stock that is worth watching.
On 2023-06-02, Citigroup Inc. (C-N) stock closed at a price of $46.32.
The large US banks are holding their own, far better than the regionals. Citi is one of the most geographically diverse banks around which offers safety. Still likes it. Pays a 4.4% dividend and trades around 6.5x PE. Trades at a big discount to book value.