Barclays PLC Stock Rating Reaffirmed by Deutsche Bank (BARC)
Barclays PLC (LON:BARC)‘s stock had its “buy” rating reiterated by Deutsche Bank in a research note issued on Friday, AnalystRatingsNetwork reports. They currently have a GBX 325 ($5.19) price target on the stock. Deutsche Bank’s price objective indicates a potential upside of 16.97% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Barclays PLC in a research note to investors on Thursday. They now have a GBX 325 ($5.19) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “sell” rating on shares of Barclays PLC in a research note to investors on Wednesday. They now have a GBX 220 ($3.51) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Monday. They now have a GBX 320 ($5.11) price target on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and twenty-one have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of GBX 325.66 ($5.20).
Barclays PLC (LON:BARC) traded down 0.16% during mid-day trading on Friday, hitting GBX 277.85. 83,263,408 shares of the company’s stock traded hands. Barclays PLC has a 52-week low of GBX 208.905 and a 52-week high of GBX 312.411. The stock has a 50-day moving average of GBX 288.7 and a 200-day moving average of GBX 298.7. The company’s market cap is £35.217 billion.
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.