Barclays (BARC) Stock Rating Reaffirmed by Citigroup
Barclays (LON:BARC)‘s stock had its “sell” rating restated by equities research analysts at Citigroup in a research report issued to clients and investors on Wednesday.
Other analysts also recently issued reports about the stock. Goldman Sachs Group reiterated a “sell” rating on shares of Barclays in a report on Wednesday, September 6th. Deutsche Bank lifted their price objective on shares of Barclays from GBX 229 ($3.08) to GBX 231 ($3.11) and gave the company a “buy” rating in a report on Monday, September 4th. UBS set a GBX 220 ($2.96) price objective on shares of Barclays and gave the company a “buy” rating in a report on Monday, November 6th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 230 ($3.10) price objective on shares of Barclays in a report on Thursday, November 16th. Finally, reiterated a “buy” rating and issued a GBX 240 ($3.23) price objective on shares of Barclays in a report on Wednesday, November 8th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 217.89 ($2.93).
Shares of Barclays (LON BARC) opened at GBX 196.40 ($2.64) on Wednesday. Barclays has a fifty-two week low of GBX 177.30 ($2.39) and a fifty-two week high of GBX 244.40 ($3.29).
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