Kepler Capital analyst Nicolas Payen maintained a Buy rating on Barclays (BARC – Research Report) on June 24 and set a price target of p405.00. The company’s shares closed yesterday at p330.55.
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According to TipRanks, Payen is a 5-star analyst with an average return of 12.8% and a 66.15% success rate. Payen covers the Financial sector, focusing on stocks such as Barclays, UBS Group AG, and Deutsche Bank AG.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Barclays with a p381.11 average price target, implying a 15.30% upside from current levels. In a report released on June 20, Deutsche Bank also maintained a Buy rating on the stock with a p380.00 price target.
BARC market cap is currently £45.15B and has a P/E ratio of 8.24.
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.
Read More on GB:BARC:
- Barclays Issues Correction on Share Transaction Date
- Barclays Executes Share Buy-Back to Enhance Shareholder Value
- Barclays Executives Receive Shares as Part of Remuneration
- Barclays Executes Share Buy-Back to Optimize Capital Structure
- Barclays price target raised to 380 GBp from 370 GBp at Deutsche Bank