RBC Capital Reiterates “Outperform” Rating for Barclays PLC (BARC)
Barclays PLC (LON:BARC)‘s stock had its “outperform” rating restated by RBC Capital in a research note issued on Tuesday, Analyst Ratings Network reports. They currently have a GBX 310 ($5.09) price objective on the stock. RBC Capital’s price target would indicate a potential upside of 12.73% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays PLC in a research note on Tuesday. They now have a GBX 320 ($5.25) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Barclays PLC in a research note on Tuesday. They now have a GBX 280 ($4.59) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Barclays PLC in a research note on Tuesday. They now have a GBX 364 ($5.97) price target on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and nineteen have given a buy rating to the company’s stock. Barclays PLC has an average rating of “Buy” and an average target price of GBX 319.55 ($5.24).
Barclays PLC (LON:BARC) opened at 261.85 on Tuesday. Barclays PLC has a 1-year low of GBX 246.65 and a 1-year high of GBX 312.411. The stock’s 50-day moving average is GBX 275.7 and its 200-day moving average is GBX 274.7. The company’s market cap is £33.189 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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