Barclays PLC Rating Reiterated by Espirito Santo Investment Bank Research (BARC)
Barclays PLC (LON:BARC)‘s stock had its “buy” rating reaffirmed by research analysts at Espirito Santo Investment Bank Research in a report released on Thursday, Analyst Ratings.Net reports. They currently have a GBX 370 ($5.93) target price on the stock. Espirito Santo Investment Bank Research’s price target indicates a potential upside of 37.44% from the stock’s previous close.
Shares of Barclays PLC (LON:BARC) traded down 1.39% on Thursday, hitting GBX 269.20. The stock had a trading volume of 68,675,248 shares. Barclays PLC has a 52 week low of GBX 195.649 and a 52 week high of GBX 312.411. The stock’s 50-day moving average is GBX 288.7 and its 200-day moving average is GBX 298.7. The company’s market cap is £34.121 billion.
BARC has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Barclays PLC (LON:BARC) in a research note to investors on Monday. They now have a GBX 320 ($5.13) price target on the stock, up previously from GBX 319 ($5.11). Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays PLC (LON:BARC) in a research note to investors on Monday. They now have a GBX 370 ($5.93) price target on the stock. Finally, analysts at Macquarie reiterated a “neutral” rating on shares of Barclays PLC (LON:BARC) in a research note to investors on Thursday, September 19th. They now have a GBX 277.12 ($4.44) price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and twenty have given a buy rating to the company. Barclays PLC currently has an average rating of “Buy” and an average price target of GBX 332.95 ($5.33).
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.
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