Shares of Citi (C) Turn Positive After Falling Below $28

January 18, 2012 11:13 AM EST
Shares of Citigroup (NYSE: C) are now trading up over 1.7% on the day to $28.64 after opening at $28.14 and falling as low as $27.70.

The company reported Q4 EPS of $0.38, $0.10 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $17.17 billion versus the consensus estimate of $18.54 billion.Click here to view the full report.

Today, financial analysts having been positive on shares of Citi as Nomura Securities reaffirmed its Buy rating on the stock and Oppenheimer called shares cheap.


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