Barclays PLC Receives “Outperform” Rating from BNP Paribas (BARC)
Barclays PLC (LON:BARC)‘s stock had its “outperform” rating restated by BNP Paribas in a research note issued on Friday, Stock Ratings Network.com reports. They currently have a GBX 320 ($5.25) price objective on the stock. BNP Paribas’ price target suggests a potential upside of 17.53% from the stock’s previous close.
A number of other firms have also recently commented on BARC. Analysts at Investec reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Friday. Separately, analysts at Citigroup Inc. raised their price target on shares of Barclays PLC from GBX 320 ($5.25) to GBX 330 ($5.42) in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Wednesday. They now have a GBX 320 ($5.25) price target on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and nineteen have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of GBX 322.18 ($5.29).
Barclays PLC (LON:BARC) traded down 2.38% during mid-day trading on Friday, hitting GBX 272.275. The stock had a trading volume of 69,520,976 shares. Barclays PLC has a one year low of GBX 246.65 and a one year high of GBX 312.411. The stock has a 50-day moving average of GBX 271.6 and a 200-day moving average of GBX 278.2. The company’s market cap is £34.511 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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