global bank’s stock faces transformation challenges By Investing.com
Citigroup Inc. (NYSE:), a leading global financial services company with a market capitalization of $147 billion, is navigating a complex landscape of opportunities and challenges as it undergoes a significant transformation. With operations spanning approximately 160 countries and jurisdictions, Citigroup serves a diverse clientele of consumers, corporations, governments, and institutions. The stock has shown remarkable strength, delivering a 59% return over the past year and currently trading near its 52-week high of $79.25.
According to InvestingPro analysis, Citigroup shows several promising indicators, including trading at an attractive P/E ratio relative to its near-term earnings growth. Discover 10+ additional exclusive…