Is Citigroup Stock a Buy Now?
(NYSE: C) did not distinguish itself during the Great Recession. It got caught up in the housing crisis, ending up cutting its dividend and taking a government bailout.
A lot has changed since that nadir, but is this iconic bank worth buying right now? That's not exactly clear.
After the business struggled through the recessionary period between 2007 and 2009, management had to make some big changes. It wasn't a pretty period for the company or for its shareholders.
Source Fool.com
Citigroup Inc. Stock
€119.28
1.390%
With 41 Buy predictions and not a single Sell prediction Citigroup Inc. is an absolute favorite of our community.
However, we have a potential of -2.75% for Citigroup Inc. as the target price of 116 € is below the current price of 119.28 €.
