Is Mike Mayo Right About Citigroup?
One of the most visible bank analysts is out with a bold prediction. Mike Mayo, who recently joined Wells Fargo (NYSE: WFC) from CLSA Americas, predicts that shares of Citigroup (NYSE: C) could double in four to five years.
It's a bold call. And it could happen. But is it reasonable for investors to expect it to?
Probably not.
Source: Fool.com
Citigroup Inc. Stock
€119.66
0.830%
The stock is an absolute favorite of our community with 41 Buy predictions and no Sell predictions.
On the other hand, the target price of 117 € is below the current price of 119.66 € for Citigroup Inc., so the potential is actually -2.22%.
