Kepler Capital Reaffirms Their Buy Rating on Barclays (BARC)
In a report released on May 13, Nicolas Payen from Kepler Capital maintained a Buy rating on Barclays (BARC – Research Report), with a price target of p405.00. The company's shares closed yesterday at p320.30.
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According to TipRanks, Payen is a 5-star analyst with an average return of 12.4% and a 66.49% success rate.
Barclays has an analyst consensus of Strong Buy, with a price target consensus of p368.50, implying a 15.05% upside from current levels. In a report released on May 12, RBC Capital also maintained a Buy rating on the stock with a p340.00 price target.
BARC market cap is currently £44.63B and has a P/E ratio of 8.10.
Based on the recent corporate insider activity of 141 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BARC in relation to earlier this year.
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