Published On: Wed, Oct 19th, 2016

Shares Of Barclays (LON:BARC) Rated As Buy By Analysts At Investec Securities


According to an update released by analysts at Investec Securities the broker has now set a ‘Buy’ rating on shares of Barclays (LON:BARC) with a price target of 200.

Investec Securities on Wednesday upgraded Barclays’s analyst rating to ‘Buy’ with its price target of 200 highlighting a potential increase of 12.26% from Barclays’s current price of 178.15.

LON:BARC


Over the last twelve months Barclays’s stock price has decreased from 246.76 to 178.15, a change of -27.8%.

Barclays has 13,829,111,000 shares in issue which have a share price of 178.15 giving Barclays a market capitalisation of 24.64B GBp.

The company has a 50 day moving average of 170.25 and a 200 day moving average of 163.43. The 52 week high shares of Barclays have reached is 255.75 whilst the 52 week low for the company’s shares is 121.1.

Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, 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. The Barclays UK is the Company’s consumer and business bank in the United Kingdom. The Barclays International segment includes corporate/investment banking and international consumer. Its Barclays UK is the ring-fenced bank for the United Kingdom, providing transactional, lending and investment products and services to over 24 million Personal, Wealth and Business Banking customers and clients. It is the contributor to margin-led income for the Company. Barclays International segment is its transatlantic wholesale and consumer bank.