Barclays PLC Stock Rating Reaffirmed by Sanford C. Bernstein (BARC)
Barclays PLC (LON:BARC)‘s stock had its “market perform” rating reaffirmed by investment analysts at Sanford C. Bernstein in a note issued to investors on Monday. They currently have a GBX 265 ($4.55) price target on the stock. Sanford C. Bernstein’s target price indicates a potential upside of 21.25% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. cut their price target on shares of Barclays PLC from GBX 305 ($5.23) to GBX 300 ($5.15) in a research note on Monday. They now have a “sell” rating on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Barclays PLC in a research note on Monday, June 30th. They now have a GBX 320 ($5.49) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Barclays PLC in a research note on Friday, June 27th. They now have a GBX 275 ($4.72) price target on the stock. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 310.15 ($5.32).
Shares of Barclays PLC (LON:BARC) opened at 217.832 on Monday. Barclays PLC has a 52-week low of GBX 209.40 and a 52-week high of GBX 302.527. The stock has a 50-day moving average of GBX 236.2 and a 200-day moving average of GBX 251.. The company’s market cap is £35.389 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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