Barclays PLC Coverage Initiated by Analysts at Beaufort Securities (BARC)
Equities researchers at Beaufort Securities began coverage on shares of Barclays PLC (LON:BARC) in a research report issued on Thursday, Analyst RN reports. The firm set a “hold” rating on the stock.
A number of other firms have also recently commented on BARC. Analysts at Bank of America Corp. raised their price target on shares of Barclays PLC from GBX 325 ($5.26) to GBX 345 ($5.58) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Thursday. They now have a GBX 330 ($5.34) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Barclays PLC in a research note to investors on Wednesday. They now have a GBX 280 ($4.53) price target on the stock. Two research analysts have rated the stock with a sell rating, nine 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 a consensus target price of GBX 319.73 ($5.17).
Barclays PLC (LON:BARC) opened at 267.90 on Thursday. 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 276.4 and a 200-day moving average of GBX 293.5. The company’s market cap is £33.956 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.
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