Investec Reiterates “Buy” Rating for Barclays (BCS)
Barclays (NYSE:BCS)‘s stock had its “buy” rating restated by stock analysts at Investec in a report issued on Monday, Stock Ratings News reports.
A number of other analysts have also recently weighed in on BCS. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Barclays in a research note to investors on Monday. Separately, analysts at Nomura reiterated a “buy” rating on shares of Barclays in a research note to investors on Thursday. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Barclays in a research note to investors on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and fourteen have assigned a buy rating to the company. Barclays presently has a consensus rating of “Buy” and an average price target 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.
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