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Shares of Citigroup Inc Rank the Lowest in Terms of Price to Forward Sales in the Diversified Banks Industry (C, WFC, USB, BAC, JPM)

By Amy Schwartz

Below are the three companies in the Diversified Banks industry with the lowest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.

Citigroup Inc ranks lowest with a a price to forward sales ratio of 1.34. Following is Wells Fargo & Co with a a price to forward sales ratio of 1.56. Us Bancorp ranks third lowest with a a price to forward sales ratio of 2.10.

Bank Of America follows with a a price to forward sales ratio of 2.32, and Jpmorgan Chase rounds out the bottom five with a a price to forward sales ratio of 2.53.

SmarTrend recommended that its subscribers protect gains by selling shares of Us Bancorp on January 3rd, 2020 by issuing a Downtrend alert when the shares were trading at $58.30. Since that call, shares of Us Bancorp have fallen 46.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to forward sales citigroup inc wells fargo & co us bancorp Bank of america JPMorgan Chase

Ticker(s): C WFC USB BAC JPM