Barclays PLC Given Buy Rating at Nomura (BARC)
Barclays PLC (LON:BARC)‘s stock had its “buy” rating reiterated by equities research analysts at Nomura in a research note issued to investors on Thursday, StockRatingsNetwork reports. They currently have a GBX 330 ($5.41) price objective on the stock. Nomura’s price objective points to a potential upside of 16.03% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Barclays PLC in a research note to investors on Wednesday. They now have a GBX 315 ($5.17) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Tuesday. They now have a GBX 356 ($5.84) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Barclays PLC in a research note to investors on Tuesday. They now have a GBX 290 ($4.76) price target on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and twenty have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of GBX 324.11 ($5.32).
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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