Mediobanca SpA Reiterates “Neutral” Rating for Barclays PLC (BARC)
Barclays PLC (LON:BARC)‘s stock had its “neutral” rating restated by Mediobanca SpA in a research note issued on Tuesday. They currently have a GBX 280 ($4.75) price objective on the stock. Mediobanca SpA’s price target suggests a potential upside of 18.39% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale reiterated a “buy” rating on shares of Barclays PLC in a research note on Friday. They now have a GBX 320 ($5.43) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Barclays PLC in a research note on Tuesday, June 10th. They now have a GBX 280 ($4.75) price target on the stock. Finally, 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 ($4.75) price target on the stock. Thirteen investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 309.19 ($5.25).
Shares of Barclays PLC (LON:BARC) remained flat at GBX 236.50 during during mid-day trading trading on Tuesday. 29,967,672 shares of the company’s stock traded hands. Barclays PLC has a one year low of GBX 227.65 and a one year high of GBX 302.527. The stock has a 50-day moving average of GBX 246.7 and a 200-day moving average of GBX 255.0. The company’s market cap is £38.422 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.
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