Barclays PLC’s Buy Rating Reaffirmed at Jefferies Group (BARC)
Barclays PLC (LON:BARC)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Group in a research report issued on Wednesday, Analyst Ratings Net reports. They currently have a GBX 367 ($5.94) target price on the stock. Jefferies Group’s price objective points to a potential upside of 42.11% from the stock’s previous close.
Barclays PLC (LON:BARC) opened at 258.25 on Wednesday. Barclays PLC has a 1-year low of GBX 226.625 and a 1-year high of GBX 338.20. The stock has a 50-day moving average of GBX 273.8 and a 200-day moving average of GBX 293.0. The company’s market cap is £32.733 billion.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of Barclays PLC in a research note to investors on Wednesday. They now have a GBX 222 ($3.59) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Barclays PLC in a research note to investors on Tuesday, October 29th. They now have a GBX 310 ($5.02) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Monday, October 28th. They now have a GBX 325 ($5.26) price target on the stock. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twenty have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 319.73 ($5.17).
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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