3. Citigroup Shares Citigroup ( C) closed at $28.17 Friday, declining 28% from September 3, 2010, adjusting for the 1-for-10 reverse split on May 6. On Nov. 29, U.S. District Judge Jed S. Rakoff in Manhattan rejected the company's agreement to settle securities fraud charges with the Securities and Exchange commission for $285 million, while neither admitting or denying guilt. The judge said that the agreement was "neither reasonable, nor fair, nor adequate, nor in the public interest." Please see TheStreet's full coverage of Citigroup's third-quarter results , including international revenue growth and the continued progress of CEO Vikram Pandit's strategy to unwind non-core assets. Sterne Agee analyst Todd Hagerman on Nov. 17 reiterated his "Buy" rating on Citi, with a $40 price target, saying "the risk/reward on the shares should continue to improve steadily as management repairs its credibility gap with investors." The shares trade for 6.4 times the consensus 2012 EPS estimate of $4.37 among analysts polled by FactSet, and for 0.6 times tangible book value, according to SNL Financial. Out of 21 analysts covering Citigroup, 15 rate the shares a buy, four have neutral ratings, and two recommend selling the shares.