News Formal

'Large, liquid and liked': Barclays names 3 under-the-radar global stocks to buy

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 72%

Renault SA News

DSV A/S,DSV A/S,Natwest Group PLC

Sectors Barclays is overweight on include financials, utilities, real estate and cyclicals.

Global markets may be feeling the pinch from volatility and macroeconomic uncertainties, but Barclays believes several large-cap stocks in Europe make good plays right now. In an Aug. 9 research note titled "large, liquid and liked," the investment bank's analysts wrote that "not all recession indicators are flashing red.

Barclays has a target price of 1,510 Danish Krone on the stock, giving it around 20% potential upside. NatWest Group Barclays describes British bank NatWest as one of its "preferred names" among European banks. This, is thanks to its "sector-leading EPS momentum and ongoing earnings upside potential driven by a best-in-class structural hedge tailwind," analysts Aman Rakkar and Grace Dargan said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Rate cut winners': Barclays names global stocks to buy when interest rates are cutThe investment bank also named two sectors that are likely to behave in a contrarian manner.
Source: CNBC - 🏆 12. / 72 Read more »