0811 GMT - Barclays posted a solid set of results but there is little new to get excited about, Citi says in a research note. "This, plus the strong run up in the share price over the past year, may temper any initial reaction, but the stock still appears inexpensive in our view," the analysts write. The British bank posted pretax profit ahead of consensus with a beat in revenue. Its new guidance for 2025 is broadly in line with consensus and 2026 targets were confirmed, they add. Other items, including the 1 billion pound share buyback, also met expectations. Shares fall more than 4% to 294 pence.(elena.vardon@wsj.com)
(END) Dow Jones Newswires
February 13, 2025 03:11 ET (08:11 GMT)
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