Citigroup Inc. Reiterates “Buy” Rating for Barclays (BCS)
Barclays (NYSE:BCS)‘s stock had its “buy” rating reiterated by stock analysts at Citigroup Inc. in a report issued on Wednesday, Analyst Ratings Net reports.
BCS has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays in a research note to investors on Friday, October 18th. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Barclays in a research note to investors on Thursday, October 17th. Finally, analysts at Morgan Stanley initiated coverage on shares of Barclays in a research note to investors on Thursday, October 17th. They set an “equal weight” rating on the stock. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $173.35.
Barclays (NYSE:BCS) traded up 0.69% on Wednesday, hitting $17.40. 1,504,468 shares of the company’s stock traded hands. Barclays has a one year low of $13.66 and a one year high of $20.60. The stock’s 50-day moving average is $18.05 and its 200-day moving average is $18.37. The company’s market cap is $55.136 billion.
Barclays PLC (NYSE:BCS) is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management.
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