Barclays PLC Downgraded by BNP Paribas to Neutral (BARC)
Barclays PLC (LON:BARC) was downgraded by stock analysts at BNP Paribas to a “neutral” rating in a report issued on Monday, AmericanBankingNews.com reports.
A number of other firms have also recently commented on BARC. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Barclays PLC in a research note on Friday, May 9th. They now have a GBX 356 ($6.00) price target on the stock. Separately, analysts at Numis Securities Ltd upgraded shares of Barclays PLC to an “add” rating in a research note on Friday, May 9th. They now have a GBX 280 ($4.72) price target on the stock. Finally, analysts at Grupo Santander reiterated a “buy” rating on shares of Barclays PLC in a research note on Friday, May 9th. They now have a GBX 365 ($6.15) price target on the stock. Twelve equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. Barclays PLC presently has an average rating of “Buy” and an average price target of GBX 311.60 ($5.25).
Barclays PLC (LON:BARC) opened at 241.55 on Monday. 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 245.7 and a 200-day moving average of GBX 257.. The company’s market cap is £39.242 billion.
The company also recently announced a dividend, which is scheduled for Monday, June 23rd. Stockholders of record on Wednesday, May 14th will be paid a dividend of GBX 1 ($0.02) per share. This represents a dividend yield of 0.41%. The ex-dividend date is Wednesday, May 14th.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.