Citigroup Inc. : Buying pressure
Entry price | Target | Stop-loss | Potential |
---|
US$74.08 |
US$79.7 |
US$70.9 |
+7.59% |
---|
Shares in Citigroup have recently benefitted from a regain of interest by market participants. The technical chart pattern suggests a continuation of the upward movement.
Strengths● The group's activity appears highly profitable thanks to its outperforming net margins.
● The company's attractive earnings multiples are brought to light by a P/E ratio at 11.23 for the current year.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Weaknesses● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● According to forecast, a sluggish sales growth is expected for the next fiscal years.
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