Barclays PLC Rating Reiterated by Espirito Santo Investment Bank Research (BARC)
Barclays PLC (LON:BARC)‘s stock had its “buy” rating reiterated by investment analysts at Espirito Santo Investment Bank Research in a note issued to investors on Friday, AnalystRatingsNetwork.com reports. They currently have a GBX 356 ($5.98) target price on the stock. Espirito Santo Investment Bank Research’s price target would indicate a potential upside of 43.06% from the company’s current price.
A number of other analysts have also recently weighed in on BARC. 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. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays PLC in a research note on Friday. They now have a GBX 320 ($5.37) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Barclays PLC in a research note on Thursday. They now have a GBX 295 ($4.95) price target on the stock. Ten research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 306.69 ($5.15).
Barclays PLC (LON:BARC) opened at 248.85 on Friday. Barclays PLC has a 52-week low of GBX 227.65 and a 52-week 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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