Caprock Group LLC,
Kempner Capital Management Inc. and other firms have increased their shares in
Citigroup Inc., shining a positive outlook on the company's prospect. The shares surged recently, positively impacting the confidence of its investors. The group predicts a
rally in global stocks to extend into 2025 alongside an expected 10% EPS growth. Meanwhile, Citigroup has a bullish stance on several other businesses, including Thermo Fisher Scientific, Royal Caribbean Cruises, and Canadian Pacific Kansas City, signaling confidence in their market performance. Interestingly, the announcement of a
$20B stock buyback further elevated Citigroup’s standing. An impressive Q4 earnings report and robust investment banking strength have further solidified its market position. Despite some sell ratings and lowered expectations for certain stocks, Citigroup’s overall position projects strong future returns. These developments make Citigroup an increasingly attractive stock for prospective and current investors. Finally, analysts sense an
'inflection point' looms for Citigroup’s stock offering more value.
Citigroup Stocks News Analytics from Mon, 19 Aug 2024 07:00:00 GMT to Sat, 01 Feb 2025 20:49:04 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -4
