Barclays PLC Rating Reiterated by Investec (BARC)
Barclays PLC (LON:BARC)‘s stock had its “buy” rating restated by analysts at Investec in a research report issued to clients and investors on Monday, Analyst RN reports. They currently have a GBX 305 ($5.00) target price on the stock. Investec’s target price would suggest a potential upside of 12.26% from the company’s current price.
Shares of Barclays PLC (LON:BARC) traded up 1.23% on Monday, hitting GBX 275.05. The stock had a trading volume of 30,743,546 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 275.3 and a 200-day moving average of GBX 275.3. The company’s market cap is £34.863 billion.
BARC has been the subject of a number of other recent research reports. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Monday. They now have a GBX 356 ($5.84) price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Friday. They now have a GBX 320 ($5.25) price target on the stock. Finally, analysts at Grupo Santander reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Tuesday, February 4th. They now have a GBX 360 ($5.91) price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nineteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 319.55 ($5.24).
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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