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Citigroup: Traders Are Getting Too Excited About Capital Markets Growth (Rating Downgrade)

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Corporate EarningsCompany FundamentalsAnalyst Insights
Citigroup: Traders Are Getting Too Excited About Capital Markets Growth (Rating Downgrade)

The author expects Citigroup’s Q2 earnings to be excellent, but argues the upside is likely already priced in. They caution that Citi’s profitability metrics do not justify a large P/E or a premium to book value, implying limited valuation-led upside even if results beat.

Analysis

The author expects Citigroup’s Q2 earnings to be excellent, but argues the upside is likely already priced in. They caution that Citi’s profitability metrics do not justify a large P/E or a premium to book value, implying limited valuation-led upside even if results beat.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

Ticker Sentiment

C-0.20
CTRN0.00