Barclays’ (BARC) “Sell” Rating Reiterated at Citigroup

Barclays (LON:BARC)‘s stock had its “sell” rating reiterated by equities research analysts at Citigroup in a report released on Monday.

Several other equities research analysts have also recently issued reports on BARC. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 234 ($3.23) target price on shares of Barclays in a report on Monday, February 5th. Goldman Sachs Group set a GBX 170 ($2.35) target price on Barclays and gave the stock a “sell” rating in a report on Wednesday, November 8th. UBS Group set a GBX 220 ($3.04) target price on Barclays and gave the stock a “buy” rating in a report on Monday, November 6th. Jefferies Group set a GBX 205 ($2.83) target price on Barclays and gave the stock a “neutral” rating in a report on Friday, December 8th. Finally, Morgan Stanley set a GBX 230 ($3.18) target price on Barclays and gave the stock a “buy” rating in a report on Wednesday, December 13th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 219.68 ($3.04).

Shares of Barclays (LON:BARC) traded up GBX 0.42 ($0.01) during trading on Monday, hitting GBX 193.32 ($2.67). The stock had a trading volume of 38,424,003 shares, compared to its average volume of 39,950,000. Barclays has a fifty-two week low of GBX 177.30 ($2.45) and a fifty-two week high of GBX 244.40 ($3.38). The stock has a market capitalization of $33,020.00 and a P/E ratio of 1,834.09.

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Barclays Company Profile

Barclays PLC, is a global financial services holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International. The Barclays UK segment includes the local consumer, small business, the United Kingdom wealth and credit cards business.

Analyst Recommendations for Barclays (LON:BARC)

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