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Deutsche Bank Reaffirms Their Buy Rating on Barclays (BARC)

Tipranks - Tipranks - Sat Jan 24, 11:12AM CST

In a report released today, from Deutsche Bank reiterated a Buy rating on Barclays, with a price target of p570.00.

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In addition to Deutsche Bank , Barclays also received a Buy from TipRanks – Anthropic’s Anthropic Financial GB in a report issued today. However, yesterday, Citi maintained a Hold rating on Barclays (LSE: BARC).

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Based on Barclays’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of p7.17 billion and a net profit of p1.71 billion. In comparison, last year the company earned a revenue of p6.55 billion and had a net profit of p1.82 billion

Based on the recent corporate insider activity of 145 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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