Barclays PLC Sponsored ADR Stock News

Major European companies are expected to report strong earnings growth in the third quarter, although analysts slashed estimates for ​cyclical consumer products such as cars over the past ‌week, the latest LSEG I/B/E/S data showed late on Thursday.

HPE stock fell along with Dell and NetApp after Barclays downgraded the enterprise system suppliers, citing AI spending trends.

RBC Capital Markets cut its price target on Barclays PLC (LSE:BARC), the FTSE 100 bank, to 525p from 550p on Friday while reiterating its 'outperform' rating, which means it expects the shares to outperform the sector average over 12 months. The new target implies a 27% total return from the closing price of 426.15p, with an upside scenario of 600p and a downside scenario of 325p.

Strategists at the bank said a rally at the end of the year would likely depend on oil prices lowering or stabilizing even as the historically best-performing quarter approaches.

Barclays said that oil prices and interest rates will matter far more to global equities over the coming weeks than November's US midterm elections, even as stocks track the seasonal pullback typically seen ahead of the vote, according to the bank's note cited by Investing.com. Strategists led by Emmanuel Cau, Barclays' head of European equity strategy, said global equities have followed the hi...

A group of 10 banks ​is providing a $22 billion chip loan to ‌support Blackstone and Alphabet's new cloud venture Crux AI, Bloomberg News reported on Wednesday, citing people with knowledge ​of the matter.

Barclays announced the launch of a private bank booking centre in ​Singapore on Friday, as the British ‌lender seeks to capture a greater share of Asia-Pacific's fast-growing wealth population.

Barclays PLC (LSE:BARC), Lloyds Banking Group PLC (LSE:LLOY), NatWest Group PLC (LSE:NWG), OSB Group PLC (LSE:OSB), and Paragon Banking Group PLC (LSE:PAG) won unanimous 'buy' ratings from Jefferies on Wednesday as the broker upgraded target prices across the pack. At the heart of the revision, the broker bumped Barclays to 600p from 590p, alongside target hikes for Lloyds to 127p from 125p and...