​Citigroup (C) Among the Best Value Stocks to Buy for Long Term Investment

​Citigroup Inc. (NYSE:C) is one of the Best Value Stocks to Buy for Long Term Investment. On May 9, Richard Ramsden from Goldman Sachs maintained a Buy rating on Citigroup Inc. (NYSE:C), with a price target of $149.

​The analyst cited that he sees a cleaner pathway to improved profitability and stronger return on tangible equity over the next few years. The analyst pointed out that management is targeting a higher ROTCE by 2028 and 2030. This is expected to be driven by mid-single-digit revenue growth along with efficiency ratios down toward the mid-50s. The analyst finds this a meaningful combination.

​Moreover, Ramsden noted that the Wealth and Markets are expected to grow faster than the previous estimates of Wall Street. He expects that this will help offset more conservative projections in Services and Banking.

​Separately, on May 1, KBW analyst reiterated an Outperform rating on the stock with a price target of $140. The firm also cited optimism on Citi’s investor day event, where the company highlighted its strategic plan and initiatives.

​​Citigroup Inc. (NYSE:C) is a global financial services giant offering a wide range of products through segments like Services, Markets, Banking, Wealth, and U.S. Personal Banking.

While we acknowledge the risk and potential of C as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than C and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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