Barclays (BARC) Rating Reiterated by HSBC
HSBC reiterated their buy rating on shares of Barclays (LON:BARC) in a research note published on Monday morning. The brokerage currently has a GBX 240 ($3.37) price target on the financial services provider’s stock.
BARC has been the topic of several other reports. Credit Suisse Group 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, October 11th. Shore Capital restated a buy rating on shares of Barclays in a research note on Thursday, October 26th. Societe Generale restated a buy rating and issued a GBX 240 ($3.37) price target on shares of Barclays in a research note on Monday, October 23rd. Deutsche Bank decreased their price target on shares of Barclays from GBX 231 ($3.24) to GBX 226 ($3.17) and set a buy rating on the stock in a research note on Monday, October 23rd. Finally, decreased their price target on shares of Barclays from GBX 250 ($3.51) to GBX 240 ($3.37) and set a buy rating on the stock in a research note on Monday, October 23rd. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company. Barclays has an average rating of Hold and a consensus target price of GBX 219.42 ($3.08).
Barclays (LON BARC) opened at GBX 204.10 ($2.87) on Monday. The firm has a market cap of $35,430.00 and a PE ratio of 1,855.45. Barclays has a 1 year low of GBX 177.30 ($2.49) and a 1 year high of GBX 244.40 ($3.43).
Barclays Company Profile
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.
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