Barclays’s “Buy” Rating Reaffirmed at Deutsche Bank (BCS)
Barclays (NYSE:BCS)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank in a research note issued to investors on Wednesday, Stock Ratings News reports.
BCS has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “buy” rating on shares of Barclays in a research note to investors on Tuesday. Separately, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Barclays in a research note to investors on Tuesday. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Barclays in a research note to investors on Tuesday. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $16.60.
Barclays (NYSE:BCS) traded down 0.11% on Wednesday, hitting $17.41. 1,374,061 shares of the company’s stock traded hands. Barclays has a 52 week low of $15.4286 and a 52 week high of $19.59. The stock’s 50-day moving average is $18.16 and its 200-day moving average is $17.27. The company’s market cap is $55.168 billion.
Barclays PLC (NYSE:BCS) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services.
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