Barclays: UBS still a buyer; adjusts target

(CercleFinance.com) - UBS confirms its "buy" recommendation on the Barclays share, while trimming its corresponding target price from 230 prence to 220 pence, which gives the UK bank's share 38% upside potential.


"Barclays continue to target a >9% ROTE, implying >10% upside to consensus forecasts," the broker says the day after the British bank reported its quarterly results.


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