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Barclays PLC (LON:BARC)‘s stock had its “buy” rating restated by Investec in a research note issued on Wednesday. They currently have a GBX 295 ($5.01) price target on the stock. Investec’s price objective would indicate a potential upside of 34.64% from the company’s current price.

Shares of Barclays PLC (LON:BARC) traded up 4.24% on Wednesday, hitting GBX 228.40. 63,654,536 shares of the company’s stock traded hands. Barclays PLC has a 1-year low of GBX 201.75 and a 1-year high of GBX 297.95. The stock has a 50-day moving average of GBX 222.0 and a 200-day moving average of GBX 244.7. The company’s market cap is £37.106 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Barclays PLC in a research note on Wednesday. They now have a GBX 325 ($5.52) price target on the stock. Separately, analysts at Santander reiterated a “buy” rating on shares of Barclays PLC in a research note on Wednesday. They now have a GBX 365 ($6.20) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays PLC in a research note on Wednesday. They now have a GBX 275 ($4.67) price target on the stock. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and seventeen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 294.68 ($5.00).

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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