What Would It Take for Citigroup's Stock to Double By 2026?
The large international bank Citigroup (NYSE: C) has not had much to celebrate in recent years, with its stock down more than 36% over the last five years, and it's not like it was doing that well back then either.
The only good news for investors is that the bank trades at a beaten-down valuation of just 57% of its tangible book value, or net worth.
Furthermore, management does seem to have a transformation plan in place to turn the bank around and make it simpler and more profitable. That said, with the stock trading below $46 per share, let's take a look at what it would take for the stock price to double to $92 per share by 2026.
Source Fool.com
