Citigroup (C) Flirts With $5/Share Level
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Price: $139.83 +1.27%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.1%
EPS Growth %: +35.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.1%
EPS Growth %: +35.2%
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Shares of Citigroup, Inc. (NYSE: C) are flirting with the $5 per share level, and printed a few trades at that level.
The upside comes ahead of earnings before the open Monday April 19.
The $5 level is considered important as it will likely allow a broader array of mutual funds to invest in the shares, which could create a base and possibly push them even higher.
Shares of Citigroup have surged 46% in the past 3-months on optimism about a turnaround for the bank.
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The upside comes ahead of earnings before the open Monday April 19.
The $5 level is considered important as it will likely allow a broader array of mutual funds to invest in the shares, which could create a base and possibly push them even higher.
Shares of Citigroup have surged 46% in the past 3-months on optimism about a turnaround for the bank.
Market Moving News and Intelligence - 2 Weeks Free
http://www.streetinsider.com/premium_content.php
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