Barclays PLC Stock Rating Reaffirmed by Nomura (BARC)
Barclays PLC (LON:BARC)‘s stock had its “buy” rating reaffirmed by investment analysts at Nomura in a note issued to investors on Friday. They currently have a GBX 300 ($5.05) target price on the stock. Nomura’s price target indicates a potential upside of 21.93% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Barclays PLC in a research note on Friday, May 23rd. They now have a GBX 305 ($5.13) price target on the stock. Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of Barclays PLC in a research note on Thursday, May 22nd. They now have a GBX 280 ($4.71) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Barclays PLC in a research note on Tuesday, May 20th. They now have a GBX 320 ($5.39) price target on the stock. Twelve analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of GBX 311.73 ($5.25).
Shares of Barclays PLC (LON:BARC) opened at 246.05 on Friday. Barclays PLC has a 1-year low of GBX 227.65 and a 1-year high of GBX 302.527. The stock has a 50-day moving average of GBX 246.9 and a 200-day moving average of GBX 256.1. The company’s market cap is £39.973 billion.
The company also recently declared a dividend, which is scheduled for Monday, June 23rd. Stockholders of record on Wednesday, May 14th will be given a dividend of GBX 1 ($0.02) per share. This represents a yield of 0.41%. The ex-dividend date of this dividend 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.
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