Barclays PLC’s “Buy” Rating Reaffirmed at Espirito Santo Investment Bank Research (BARC)
Barclays PLC (LON:BARC)‘s stock had its “buy” rating restated by analysts at Espirito Santo Investment Bank Research in a research report issued to clients and investors on Wednesday, American Banking and Market News reports. They currently have a GBX 356 ($5.87) price objective on the stock. Espirito Santo Investment Bank Research’s price target would suggest a potential upside of 30.26% from the stock’s previous close.
Shares of Barclays PLC (LON:BARC) opened at 280.991 on Wednesday. Barclays PLC has a 52 week low of GBX 246.65 and a 52 week high of GBX 312.411. The stock’s 50-day moving average is GBX 272.0 and its 200-day moving average is GBX 277.5. The company’s market cap is £35.616 billion.
Several other analysts have also recently commented on the stock. Analysts at UBS AG reiterated a “neutral” rating on shares of Barclays PLC in a research note to investors on Tuesday. They now have a GBX 295 ($4.86) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Barclays PLC in a research note to investors on Friday, January 24th. They now have a GBX 320 ($5.27) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Friday, January 24th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 321.14 ($5.29).
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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