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Posted by
Two Blokes Jul 10 -
Filed in
Stock
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4 views
I maintain a hold rating on Citigroup heading into Q2 earnings. While the Banamex divestiture could unlock value, Citi's overall profitability and return metrics remain lackluster compared to other big banks. Citigroup is no longer a deep value play. Its price-to-book discount has narrowed, making further upside dependent on operational improvements.
