Shore Capital Reiterates Buy Rating for Barclays (BARC)

Barclays (LON:BARC)‘s stock had its “buy” rating reiterated by investment analysts at Shore Capital in a report issued on Thursday.

BARC has been the subject of several other research reports. Credit Suisse Group reissued an “outperform” rating and set a GBX 230 ($3.18) price target on shares of Barclays in a report on Thursday, November 16th. Citigroup reissued a “sell” rating on shares of Barclays in a report on Wednesday, December 6th. reissued a “buy” rating and set a GBX 240 ($3.32) price target on shares of Barclays in a report on Wednesday, November 8th. HSBC reissued a “buy” rating and set a GBX 240 ($3.32) price target on shares of Barclays in a report on Monday, January 29th. Finally, Morgan Stanley set a GBX 230 ($3.18) price target on shares of Barclays and gave the company a “buy” rating in a report on Wednesday, December 13th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 220.47 ($3.05).

Barclays (LON BARC) opened at GBX 213.25 ($2.95) on Thursday. Barclays has a 1-year low of GBX 177.30 ($2.45) and a 1-year high of GBX 244.40 ($3.38). The stock has a market cap of $36,390.00 and a price-to-earnings 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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