This Bargain Stock Is the Cheapest It's Been in Years
Like bargain stocks? There are certainly plenty of them out there now. That's particularly true among banking names. Between general economic malaise and a souring lending environment, investors are anything but stoked about owning finance sector tickers.
There's one bank stock, however, that's strangely far out of favor -- (NYSE: C). Its price-to-earnings and price-to-book ratios are about as low as they've been in years.
Veteran investors know there's usually a reason a stock is uniquely cheap -- it's often a sign of big problems. And there's no denying Citigroup's got 'em. On the other hand, the sellers are arguably overshooting their target at a time when Citi's nearing a turnaround.
Source Fool.com
Citigroup Inc. Stock
€55.16
-2.490%
The stock is one of the favorites of our community with 22 Buy predictions and 2 Sell predictions.
With a target price of 71 € there is a positive potential of 28.72% for Citigroup Inc. compared to the current price of 55.16 €.
