C target price by year end?

+1

 

+1

This is just a retail Investor flow after all the positive numbers and thats all.

IF it was a good investment "big Players" would have caused a rally long time ago.

 

$4.75 - $4.95

 

C will test 5 im guessing again soon... and hover .

 

At this rate I'd be surprised if it got past $5.30.

 

this year is a wash, but end of next year if things dont completely crash, c should be above 5.

 

Citi's ABC Price/Time Targets...
Here is my prior Citi post in June 2010
http://www.elitetrader.com/vb/showt...200565&perpage=6&highlight=suri&pagenumber=13

Regards,
Suri

 

So what does all that mean? what is the next price area?

 

Target on Citi is $5.50.
Targets are marked on the chart.

Regards,
Suri

 

So with 29 Billion shares you value the company at a cool $160 Billion. How much they earning this year ? Most Canadian banks have a PE around 14 so that would mean they should make approx 11.42 Billion profit per year to be fairly valued at $5.50.

I'd love to hear your earnings forecasts maybe I'm just not understanding this situation fully. Or maybe you're not ?