Barclays PLC Given “Sector Perform” Rating at RBC Capital (BARC)
Barclays PLC (LON:BARC)‘s stock had its “sector perform” rating reiterated by equities researchers at RBC Capital in a research report issued to clients and investors on Tuesday. They currently have a GBX 280 ($4.71) price objective on the stock. RBC Capital’s price target would suggest a potential upside of 14.40% from the company’s current price.
Barclays PLC (LON:BARC) opened at 242.95 on Tuesday. Barclays PLC has a 52 week low of GBX 227.65 and a 52 week high of GBX 302.527. The stock’s 50-day moving average is GBX 248.0 and its 200-day moving average is GBX 255.7. The company’s market cap is £39.470 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.
BARC has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Barclays PLC in a research note on Thursday, June 5th. They now have a GBX 280 ($4.71) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research cut their price target on shares of Barclays PLC from GBX 356 ($5.99) to GBX 325 ($5.46) in a research note on Wednesday, June 4th. They now have a “buy” rating on the stock. Finally, analysts at HSBC downgraded shares of Barclays PLC to a “neutral” rating in a research note on Wednesday, June 4th. They now have a GBX 270 ($4.54) price target on the stock. Thirteen research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 308.81 ($5.19).
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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