Barclays: UBS maintains buy rating after Q3 results

(CercleFinance.com) - UBS reinstates its "buy" rating on Barclays shares, also maintaining its target price of 262 pence, which represents upside potential of 79% fpr the British financial institution's share.


Looking back at its latest quarterly report, the broker highlights "Stronger pre-provision profit, driven by net interest income and trading revenues, building capital and still the cheapest bank in Europe".


Copyright (c) 2022 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.