Barclays PLC Given Add Rating at Numis Securities Ltd (BARC)
Barclays PLC (LON:BARC)‘s stock had its “add” rating reaffirmed by research analysts at Numis Securities Ltd in a report released on Friday, AnalystRatings.Net reports. They currently have a GBX 280 ($4.70) target price on the stock. Numis Securities Ltd’s target price indicates a potential upside of 12.52% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Berenberg Bank reiterated a “buy” rating on shares of Barclays PLC in a research note on Friday. They now have a GBX 345 ($5.79) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Barclays PLC in a research note on Friday. They now have a GBX 356 ($5.98) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Barclays PLC in a research note on Friday. They now have a GBX 345 ($5.79) price target on the stock. Ten investment analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 306.69 ($5.15).
Barclays PLC (LON:BARC) traded down 1.25% during mid-day trading on Friday, hitting GBX 248.85. The stock had a trading volume of 31,678,090 shares. Barclays PLC has a 1-year low of GBX 227.65 and a 1-year high of GBX 312.411. The stock has a 50-day moving average of GBX 239.8 and a 200-day moving average of GBX 259.2. The company’s market cap is £40.090 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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