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

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Renault SA أخبار

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.

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