Barclays PLC Stock Rating Reaffirmed by Macquarie (BARC)
Barclays PLC (LON:BARC)‘s stock had its “neutral” rating reaffirmed by research analysts at Macquarie in a report released on Thursday, American Banking & Market News reports. They currently have a GBX 277.12 ($4.40) target price on the stock. Macquarie’s price target suggests a potential downside of 0.03% from the stock’s previous close.
Barclays PLC (LON:BARC) opened at 279.45 on Thursday. Barclays PLC has a one year low of GBX 211.80 and a one year high of GBX 338.20. The stock has a 50-day moving average of GBX 289.5 and a 200-day moving average of GBX 299.0. The company’s market cap is £35.420 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of Barclays PLC (LON:BARC) in a research note to investors on Thursday. They now have a GBX 222 ($3.52) price target on the stock. Separately, analysts at AlphaValue upgraded shares of Barclays PLC (LON:BARC) to a “buy” rating in a research note to investors on Thursday. They now have a GBX 344.20 ($5.47) price target on the stock. Finally, analysts at HSBC reiterated an “overweight” rating on shares of Barclays PLC (LON:BARC) in a research note to investors on Wednesday. They now have a GBX 315 ($5.00) price target on the stock.
Two research analysts have rated the stock with a sell rating, seven have given a hold rating and twenty have assigned a buy rating to the company’s stock. Barclays PLC currently has a consensus rating of “Buy” and a consensus price target of GBX 334.29 ($5.31).
Barclays PLC (LON:BARC) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.