Barclays Stock Rating Reaffirmed by Citigroup Inc. (BCS)
Barclays (NYSE:BCS)‘s stock had its “buy” rating restated by Citigroup Inc. in a research note issued on Monday, Stock Ratings Network reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “buy” rating on shares of Barclays in a research note to investors on Thursday. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Barclays in a research note to investors on Wednesday, January 8th. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Barclays in a research note to investors on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $158.30.
Barclays (NYSE:BCS) traded up 0.32% during mid-day trading on Monday, hitting $18.92. 2,442,526 shares of the company’s stock traded hands. Barclays has a 52-week low of $15.4286 and a 52-week high of $19.05. The stock’s 50-day moving average is $17.49 and its 200-day moving average is $17.05. The company’s market cap is $59.953 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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