Citigroup Inc.

C-N

NYSE:C

53.48
2.64 (5.18%)
Citigroup Inc. or Citi is an American multinational investment banking and financial services corporation headquartered in Manhattan, New York City.
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Analysis and Opinions about C-N

Signal
Opinion
Expert
BUY
BUY
July 18, 2018

BAC vs Citigroup: He feels BAC will go much higher. He likes it for its Merill Lynch investment banking and portfolio management side. There's nothing wrong with Citi and it too will do better. He would add to his BAC position. He thinks U.S. banks in general will have another run.

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Citigroup Inc. (C-N)
July 18, 2018

BAC vs Citigroup: He feels BAC will go much higher. He likes it for its Merill Lynch investment banking and portfolio management side. There's nothing wrong with Citi and it too will do better. He would add to his BAC position. He thinks U.S. banks in general will have another run.

PAST TOP PICK
PAST TOP PICK
July 17, 2018

(A Top Pick July 11, 2017. Up 6%). The too-big-to-fail banks have finally recovered and the market trusts their balance sheets. They have given dividend increases and just passed the stress tests. His model price shows a 6% upside but they need to perform well again before rising further.

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Citigroup Inc. (C-N)
July 17, 2018

(A Top Pick July 11, 2017. Up 6%). The too-big-to-fail banks have finally recovered and the market trusts their balance sheets. They have given dividend increases and just passed the stress tests. His model price shows a 6% upside but they need to perform well again before rising further.

COMMENT
COMMENT
July 11, 2018

It's trading 5% below book value. Its international component concerns investors. It has universal buy signals on Wall St., but his concern is that it hasn't corrected enough for him to get stopped out of it.

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Citigroup Inc. (C-N)
July 11, 2018

It's trading 5% below book value. Its international component concerns investors. It has universal buy signals on Wall St., but his concern is that it hasn't corrected enough for him to get stopped out of it.

PAST TOP PICK
PAST TOP PICK
July 4, 2018

(Past Top Pick, June 29, 2017, Up 0.4%) The U.S. financials have slipped since the January peak, but he'll continue to hold this. Trading at 0.9x price to book, one of the cheapest among its peers. Last week, they passed their stress test, and said they will raise their dividends. Also, they will continue to buy back shares. But if the tide changes with a U.S. slowdown, this will get hurt. But it's good for now.

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Citigroup Inc. (C-N)
July 4, 2018

(Past Top Pick, June 29, 2017, Up 0.4%) The U.S. financials have slipped since the January peak, but he'll continue to hold this. Trading at 0.9x price to book, one of the cheapest among its peers. Last week, they passed their stress test, and said they will raise their dividends. Also, they will continue to buy back shares. But if the tide changes with a U.S. slowdown, this will get hurt. But it's good for now.

PAST TOP PICK
PAST TOP PICK
June 26, 2018

(A Top Pick August 4, 2017. Down 4%). This rose to $80 in January and is down to 65.52 now. It is struggling at EBB-2, well below his model price ($73.97). The US stress tests will come out this week. He expects dividend increases, which is essential for this stock to move higher. The company pays only about 20% of its profits, compared to 40% at Royal Bank. So he expects a pop soon. However, he thinks that what is happening in Europe will affect American bank stock prices. The European banks are at multi-year lows. However, the large American banks are very well capitalized and in much better shape than the Europeans.

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Citigroup Inc. (C-N)
June 26, 2018

(A Top Pick August 4, 2017. Down 4%). This rose to $80 in January and is down to 65.52 now. It is struggling at EBB-2, well below his model price ($73.97). The US stress tests will come out this week. He expects dividend increases, which is essential for this stock to move higher. The company pays only about 20% of its profits, compared to 40% at Royal Bank. So he expects a pop soon. However, he thinks that what is happening in Europe will affect American bank stock prices. The European banks are at multi-year lows. However, the large American banks are very well capitalized and in much better shape than the Europeans.

PAST TOP PICK
PAST TOP PICK
June 19, 2018

(A Top Pick May 29/2017, Up 10%) Still likes it, though it’s underperformed YTD. Â On the narrower spreads, bit of a misplaced concern, since banks are still able to lend at more attractive rates. The banks are benefiting from a strong global economy, financial deregulation. Don’t think yield will completely flatten. Rising rates and strong US housing starts will benefit US banks in general.

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Citigroup Inc. (C-N)
June 19, 2018

(A Top Pick May 29/2017, Up 10%) Still likes it, though it’s underperformed YTD. Â On the narrower spreads, bit of a misplaced concern, since banks are still able to lend at more attractive rates. The banks are benefiting from a strong global economy, financial deregulation. Don’t think yield will completely flatten. Rising rates and strong US housing starts will benefit US banks in general.

TOP PICK
TOP PICK
June 19, 2018

Earnings have gone up significantly, trades at less than book value, stock buybacks, increased dividend with more to come he thinks. Will continue to benefit from rising interest rates, deregulation, strong US economy and housing market. Earnings growth expectations significant over next years. Good way to play rising rates, cheapest of big US banks. Has been out of favour, but doing a good job in capital allocation and growth. (Analyst’s price target is $82.89.)

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Citigroup Inc. (C-N)
June 19, 2018

Earnings have gone up significantly, trades at less than book value, stock buybacks, increased dividend with more to come he thinks. Will continue to benefit from rising interest rates, deregulation, strong US economy and housing market. Earnings growth expectations significant over next years. Good way to play rising rates, cheapest of big US banks. Has been out of favour, but doing a good job in capital allocation and growth. (Analyst’s price target is $82.89.)

HOLD
HOLD
June 14, 2018

Comments on US banks are fairly consistent. Had big runs last year. Short term results have been a little disappointing. Are good long term buys.

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Citigroup Inc. (C-N)
June 14, 2018

Comments on US banks are fairly consistent. Had big runs last year. Short term results have been a little disappointing. Are good long term buys.

BUY
BUY
June 7, 2018

He decided his firm's best bet was to position themselves in the area that had the most damage in '08/'09 so their multiples were a lot less than the senior players. Over time he felt there would be a journey of forgiveness – they would earn it from the markets. This is exactly what has happened. It is still trading below book value.

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Citigroup Inc. (C-N)
June 7, 2018

He decided his firm's best bet was to position themselves in the area that had the most damage in '08/'09 so their multiples were a lot less than the senior players. Over time he felt there would be a journey of forgiveness – they would earn it from the markets. This is exactly what has happened. It is still trading below book value.

COMMENT
COMMENT
June 6, 2018

Last year, there was a lot of optimism for U.S. banks. The market got ahead of itself with the deregulation promised by Trump. Currently, Citibank is trading at decent levels and this is a good time to get in. Mortgages may soften, so that
may be a headwind.

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Citigroup Inc. (C-N)
June 6, 2018

Last year, there was a lot of optimism for U.S. banks. The market got ahead of itself with the deregulation promised by Trump. Currently, Citibank is trading at decent levels and this is a good time to get in. Mortgages may soften, so that
may be a headwind.

COMMENT
COMMENT
June 1, 2018

U.S. financials have moved sideways, so there's room for them to move higher. Citigroup has enjoyed higher earnigns and share buybacks, but he prefers Bank of America--they have more operating leverage and have done well cutting costs. Nothing against Citigroup, but he prefers Bank of America.

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Citigroup Inc. (C-N)
June 1, 2018

U.S. financials have moved sideways, so there's room for them to move higher. Citigroup has enjoyed higher earnigns and share buybacks, but he prefers Bank of America--they have more operating leverage and have done well cutting costs. Nothing against Citigroup, but he prefers Bank of America.

DON'T BUY
DON'T BUY
May 9, 2018

This is a diversified financial. It has good emerging market exposure. He likes owning financials now, but thinks the valuations are getting too expensive. He would prefer Bank of America with a more US focus and the e-brokers.

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This is a diversified financial. It has good emerging market exposure. He likes owning financials now, but thinks the valuations are getting too expensive. He would prefer Bank of America with a more US focus and the e-brokers.

SELL
SELL
April 30, 2018

He has also been selling many bank holdings in Canada. The momentum is weakening and you are getting lower highs and lower lows. You would probably bring buyers back in about $56-$60. Pay attention to stocks rolling over.

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Citigroup Inc. (C-N)
April 30, 2018

He has also been selling many bank holdings in Canada. The momentum is weakening and you are getting lower highs and lower lows. You would probably bring buyers back in about $56-$60. Pay attention to stocks rolling over.

WEAK BUY
WEAK BUY
April 27, 2018

He likes them because the valuation is very reasonable. It has a great global network, giving exposure to global economic growth. They may look to unlock value by slowly selling off assets that do not create shareholder value. He is in it for the long haul.

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Citigroup Inc. (C-N)
April 27, 2018

He likes them because the valuation is very reasonable. It has a great global network, giving exposure to global economic growth. They may look to unlock value by slowly selling off assets that do not create shareholder value. He is in it for the long haul.

COMMENT
COMMENT
April 26, 2018

He likes all the US banks. Regulations are coming easy for them as opposed to more difficult. Reasonable investment bank arm. He likes other US banks better at the moment though.

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Citigroup Inc. (C-N)
April 26, 2018

He likes all the US banks. Regulations are coming easy for them as opposed to more difficult. Reasonable investment bank arm. He likes other US banks better at the moment though.

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