Citigroup Business Analysis

$19.95

Add to cart
Essay #: 060208
Total text length is 5,374 characters (approximately 3.7 pages).

Excerpts from the Paper

The beginning:
Citigroup Business Analysis
Introduction
Citigroup has experienced challenging financial stability over the past 2-3 years. Just two years ago, its stock price dipped to its lowest point ever and the company was forced to sell $100 million in assets to cover its mounting bad debt (Steverman), mainly due to the global subprime mortgage crisis. The question now is whether the company has either recovered or is on its way to recovery since the crisis. This paper will examine the short- and long-term viability of Citigroup, its current business strategy, and whether its stock price is overvalued by analysts, undervalued by analysts or appropriately valued.
a. Short Term Viability of Citigroup
Citigroup was one of the major recipients of TARP...
The end:
.....k is probably currently overvalued.
Works Cited
Investor Guide Website. Retrieved 8 Mar 2010, Available at <http://www.investorguide.com/stock-analysis.php?ticker=C>
Jacobs, Stevenson and Bernard, Steven. Citigroup Earnings 1Q, 2010: Bank Earns $4.4 Billion on Trading Gains. Huffington Post Website. Retrieved 8 Mar 2010, Available at <http://www.huffingtonpost.com/2010/04/19/citigroup-earnings-1q-201_n_542508.html>
Steverman, Ben. “What Went Wrong at Citigroup?” 3 March 2008. Business Week. Microsoft Money Website. Retrieved 8 Mar 2010, Available at <http://articles.moneycentral.msn.com/Investing/Extra/WhatWentWrongAtCitigroup.aspx>
Y Charts Website. Retrieved 9 Mar 2010, Available at <http://ycharts.com/companies/C>