Barclays PLC Receives Outperform Rating from BNP Paribas (BARC)
Barclays PLC (LON:BARC)‘s stock had its “outperform” rating reaffirmed by BNP Paribas in a research note issued on Monday, Analyst Ratings Network.com reports. They currently have a GBX 320 ($5.26) target price on the stock. BNP Paribas’ price target indicates a potential upside of 20.44% from the company’s current price.
Shares of Barclays PLC (LON:BARC) traded down 2.50% during mid-day trading on Monday, hitting GBX 265.70. 44,833,380 shares of the company’s stock traded hands. 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 273.8 and a 200-day moving average of GBX 276.. The company’s market cap is £33.677 billion.
A number of other analysts have also recently weighed in on BARC. Analysts at Berenberg Bank reiterated a “sell” rating on shares of Barclays PLC in a research note to investors on Friday. They now have a GBX 220 ($3.62) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Thursday. They now have a GBX 320 ($5.26) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Wednesday, January 29th. They now have a GBX 356 ($5.85) price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nineteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 320.49 ($5.27).
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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