Friday, January 28, 2011

Citigroup Inc. (NYSE:C) Bullish On 2011

Citigroup Inc. (NYSE:C) CEO has predicted that the capital markets will be robust in 2011. Citigroup Inc. (NYSE:C) Bullish On 2011 While speaking to the Bloomberg TV, Vikram Pandit, the Chief Executive Officer of Citigroup Inc. (NYSE:C), said that there are no reasons to expect the new year to suggest capital markets would be robust, it was a tough time, the end of last year though. While speaking at the World Economic Forum annual meeting in Davos, Switzerland, he said that, "The quality of credit… is a lot better than it was a year ago”. Citigroup Inc. (NYSE:C) shares were at 4.83 at the end of the last day’s trading. There’s been a 15.4% change in the stock price over the past 3 months. Analyst Advice Citigroup Inc. (NYSE:C) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.15 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.15 Zack’s Rank: 1 out of 14 in the industry
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