- The bank is flexible enough to take advantage of the upcoming rise of interest rates thanks to its maturities in the corporate segment.
- Management is strongly devoted to remunerate shareholders through buybacks, in order to cause a re-rate of multiples.
- The focus on high-growth markets such as Asia could lead to higher-than-expected results in the next few years.
- At the current price, Citigroup has an implied potential upside of about 20%, reachable in one or two quarters.
For further details see:
Just A Reminder That Mr. market Is Still Wrong On Citigroup