Skip to content
Subscriber Only

The Curious Case of Citigroup’s Highly Recommended Lagging Stock

  • The shares are a favorite among analysts who see new era ahead
  • Bank is shuffling leaders and has gained an activist investor

Investors haven’t exactly embraced Citigroup Inc. in 2018, leaving its stock behind competitors. But analysts have been falling in love.

Shares of the New York bank -- known for its vast overseas operations -- have stagnated this year on concerns it could get burned by a rout in emerging markets and a looming trade war. Yet a growing number of analysts are suggesting it’s primed for brighter days after building cash-management relationships with global companies and shaking up senior management.