Broker Recommendations

Berenberg raises target price on Barclays

By Iain Gilbert

Date: Wednesday 21 Feb 2024

(Sharecast News) - Analysts at Berenberg raised their target price on banking giant Barclays from 240.0p to 270.0p on Wednesday, stating the stock's current level of returns remains "chronically undervalued".
Berenberg noted that Barclays plans to distribute more than £10.0bn of capital to shareholders during 2024-26, equivalent to roughly 40% of...

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