Barclays PLC Receives Neutral Rating from Credit Suisse (BARC)
Barclays PLC (LON:BARC)‘s stock had its “neutral” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Thursday. They currently have a GBX 235 ($3.99) target price on the stock. Credit Suisse’s price target would indicate a potential upside of 4.79% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Societe Generale reiterated a “buy” rating on shares of Barclays PLC in a research note on Thursday. They now have a GBX 320 ($5.43) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Barclays PLC in a research note on Wednesday. They now have a GBX 295 ($5.01) price target on the stock. Finally, 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. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of GBX 288.08 ($4.89).
Shares of Barclays PLC (LON:BARC) traded down 0.64% during mid-day trading on Thursday, hitting GBX 224.25. 45,121,336 shares of the company’s stock traded hands. Barclays PLC has a one year low of GBX 201.75 and a one year high of GBX 309.90. The stock’s 50-day moving average is GBX 220.7 and its 200-day moving average is GBX 244.0. The company’s market cap is £36.656 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 19th. Stockholders of record on Wednesday, August 6th will be paid a dividend of GBX 1 ($0.02) per share. This represents a dividend yield of 0.44%. The ex-dividend date is Wednesday, August 6th.
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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