Citigroup, Inc.Long
City Group - Can the 3rd biggest US bank deliver?
Hi guys, we would be looking next into City Group, the 3rd biggest Banking coroporation in the US. Currently they have been quite undervalued in comparission to it's counter-part in the eyes of JP Morgan. They still are holding a tremendeous amount of assets and have a lot of potential for an upswing!
Under CEO Jane Fraser's leadership, Citigroup has streamlined its operations, focusing on five core business areas and exiting consumer markets in 14 countries. This strategic transformation is expected to enhance efficiency and profitability. Analyst Mike Mayo projects that Citigroup's return on tangible equity could increase from the current 7% to 11-12% by 2026, with earnings potentially reaching $10 per share. He also suggests that the stock could double in value over the next three years.
Analyst Recommendations
Analysts have set an average price target of $82.14 for Citigroup, with estimates ranging from $66.00 to $110.00, indicating a potential upside from the current trading price.
Citigroup's current valuation, trading below its tangible book value of $90, presents an attractive opportunity for investors. The company's diversified revenue streams, including a global services operation, a top-tier investment bank, and a leading credit card company, position it well for sustained growth
Citigroup's strategic initiatives and favorable analyst outlooks suggest a positive trajectory for the stock in 2025. Investors may find Citigroup an appealing option for potential growth in the financial sector.
Entry on Market Open
Target 1: 90
Target 2: 110
Target 3: 166
Target 4: 240
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Under CEO Jane Fraser's leadership, Citigroup has streamlined its operations, focusing on five core business areas and exiting consumer markets in 14 countries. This strategic transformation is expected to enhance efficiency and profitability. Analyst Mike Mayo projects that Citigroup's return on tangible equity could increase from the current 7% to 11-12% by 2026, with earnings potentially reaching $10 per share. He also suggests that the stock could double in value over the next three years.
Analyst Recommendations
Analysts have set an average price target of $82.14 for Citigroup, with estimates ranging from $66.00 to $110.00, indicating a potential upside from the current trading price.
Citigroup's current valuation, trading below its tangible book value of $90, presents an attractive opportunity for investors. The company's diversified revenue streams, including a global services operation, a top-tier investment bank, and a leading credit card company, position it well for sustained growth
Citigroup's strategic initiatives and favorable analyst outlooks suggest a positive trajectory for the stock in 2025. Investors may find Citigroup an appealing option for potential growth in the financial sector.
Entry on Market Open
Target 1: 90
Target 2: 110
Target 3: 166
Target 4: 240
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
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