Citigroup's stock evaluation has been the subject of various analyses lately. It has been seen by some experts as a potential buy due to its lower valuation in comparison to competitors like Bank of America. Notably, Warren Buffett's Berkshire Hathaway has sold its stake in Citigroup, instead opting to invest in other ventures. Several Citigroup analyst ratings and price targets for different company stocks have been adjusted recently with some increases and some decreases. There's an interesting twist with Citigroup’s Arm agreeing to a deal to exit its consumer banking business in Poland. Also, GTS Securities sold a large portion of Citigroup shares, and Two Sigma Investments also reduced its holding of Citigroup shares. Despite recent challenges, Citigroup's profit has beaten estimates with trading revenue seeing substantial jumps. The bank has been termed as one of the best beginner stocks and a profitable cheap stock amidst all the news. Yet, as a note of caution, some experts have deemed Citigroup a valuation trap due to turnaround fatigue.
Citigroup Stocks News Analytics from Sat, 04 Jan 2025 08:00:00 GMT to Sat, 31 May 2025 19:18:13 GMT -
Rating 0
- Innovation -3
- Information 5
- Rumor 1
