Warren Buffett and Berkshire Hathaway Own Citigroup Stock. Should You?
In early 2022, Warren Buffett and his investing team at Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) made a splash by buying $3 billion in shares of (NYSE: C).
At the time, Citigroup was experiencing seismic change under new CEO Jane Fraser. The stock's valuation was hovering well below its peers, still hobbled by a poor reputation and memories of its 2008 government bailout. Fraser promised a way out through targeted cost-cutting, which she believed would make the bank more efficient -- and profitable.
Source Fool.com
Citigroup Inc. Aktie
55,40 €
-0,49 %
Citigroup Inc. ist ein klarer Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Für Citigroup Inc. sieht die Community ein Kursziel von 71 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 55.4 € bedeutet.
