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Barclays Bank (BARC) Share Price London Stock Exchange October 26

After closing at 225.90 on Friday, up from its opening of 225.15, Barclays Bank share prices are looking up in the eyes of investors, analysts, and brokers. Rated across the board from hold to strong buy, the majority of speculators leave their recommendations in the latter category.

Last week saw a surge in activity as share values rose 6.01%.

JP Morgan Cazenove reiterated previous sentiments, painting the stock as overweight, while near a dozen other world financial institutions levelled buy recommendations for Barclays across the board.

Stress test outcomes were published today following the conclusion of such tests on 123 European banks by the European Banking Authority. Barclays passed the EU-wide test with a CRD IV Transitional Common Equity Tier 1 ratio on a comparable level with other European banks at 8.2% under the EBA’s adverse stress scenario and an estimated 7.1% for their PRA Transitional CET1 ratio. Both calculations taken into account, Barclays’ ratios exceeded the EBA-defined 5.5% minimum threshold.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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