Alert: Positive Investment/Fundamental Signals (1/3/24)-Citigroup Inc (NYSE: C)


Recent extremely meaningful positive changes in investment behavior have benefitted Citigroup Inc (NYSE: C): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Citigroup Inc (NYSE: C) has recently enjoyed significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, C is expected to continue to be a Value Builder.

Citigroup has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Citigroup has a neutral Power Rating of 53 but a very high Appreciation Score of 99, triggering the Highest Value Trend Rating.

Recent Price Action

Citigroup Inc (NYSE: C) stock closed at $53.64 on 1/3/24 after an increase of 1.1%. Moreover, unusually high trading volume at 167% of normal accompanied the advance. The stock has risen 5.5% during the last week and has performed in line with the market over the last nine months.

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