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Added to YB: 2024-02-01

Pitch date: 2024-02-01

C [bullish]

Citigroup Inc.

+112.33%

current return

Author Info

No bio for this author

Company Info

Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions.

Market Cap

$121.6B

Pitch Price

$52.66

Price Target

N/A

Dividend

3.47%

EV/EBITDA

N/A

P/E

10.20

EV/Sales

N/A

Sector

Banks

Category

turnaround

Show full summary:
WFC Citigroup update

$C: Buffett directly involved in Citi stake; best '24 guide w/ 2-5% op leverage (rev $80-81B, exp $53.5-53.8B), not backpedaling; simplifying LOBs to 5 under CEO, cut layers 13 to 8, 20k jobs; addressing decade-old issues in transformative reorg.

Read full article (2 min)