Nomura Reiterates “Buy” Rating for Barclays (BCS)
Barclays (NYSE:BCS)‘s stock had its “buy” rating reaffirmed by equities researchers at Nomura in a research report issued on Thursday, American Banking and Market News reports.
Shares of Barclays (NYSE:BCS) traded up 0.53% on Thursday, hitting $18.90. The stock had a trading volume of 2,603,366 shares. Barclays has a 52 week low of $15.4286 and a 52 week high of $18.9862. The stock’s 50-day moving average is $17.35 and its 200-day moving average is $17.02. The company’s market cap is $59.889 billion.
A number of other analysts have also recently weighed in on BCS. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Barclays in a research note to investors on Wednesday. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Barclays in a research note to investors on Tuesday. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays in a research note to investors on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and fourteen have issued a buy rating to the stock. Barclays currently has a consensus rating of “Buy” and a consensus target price of $158.30.
Barclays PLC (NYSE:BCS) is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.