HSBC Reaffirms “Buy” Rating for Barclays (BARC)
A number of other analysts have also recently commented on the stock. Morgan Stanley set a GBX 230 ($3.23) price target on shares of Barclays and gave the company a buy rating in a research note on Wednesday, December 13th. Royal Bank of Canada set a GBX 215 ($3.02) price target on shares of Barclays and gave the company a neutral rating in a research note on Monday, December 18th. UBS Group set a GBX 220 ($3.09) price target on shares of Barclays and gave the company a buy rating in a research note on Monday, November 6th. Credit Suisse Group restated an outperform rating and set a GBX 230 ($3.23) price target on shares of Barclays in a research note on Thursday, November 16th. Finally, Deutsche Bank lowered their target price on shares of Barclays from GBX 226 ($3.17) to GBX 210 ($2.95) and set a buy rating on the stock in a research note on Monday, November 6th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of GBX 219.42 ($3.08).
Shares of Barclays (LON BARC) opened at GBX 199.94 ($2.81) on Monday. The company has a market cap of $34,110.00 and a P/E ratio of 1,834.09. Barclays has a 52 week low of GBX 177.30 ($2.49) and a 52 week high of GBX 244.40 ($3.43).
COPYRIGHT VIOLATION WARNING: This article was posted by Watch List News and is owned by of Watch List News. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The correct version of this article can be read at https://www.watchlistnews.com/hsbc-reaffirms-buy-rating-for-barclays-barc/1835832.html.
Barclays PLC, is a global financial services holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International. The Barclays UK segment includes the local consumer, small business, the United Kingdom wealth and credit cards business.
Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.