Barclays PLC Rating Reiterated by Nomura (BARC)
Barclays PLC (LON:BARC)‘s stock had its “buy” rating restated by equities research analysts at Nomura in a research note issued to investors on Friday. They currently have a GBX 275 ($4.63) price target on the stock. Nomura’s price target would suggest a potential upside of 28.87% from the stock’s previous close.
Shares of Barclays PLC (LON:BARC) opened at 212.9995 on Friday. Barclays PLC has a one year low of GBX 201.75 and a one year high of GBX 297.95. The stock has a 50-day moving average of GBX 218.6 and a 200-day moving average of GBX 241.7. The company’s market cap is £34.817 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 19th. Investors 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.
Several other analysts have also recently commented on the stock. Analysts at Berenberg Bank upgraded shares of Barclays PLC to a “hold” rating in a research note on Friday, August 1st. They now have a GBX 220 ($3.70) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Barclays PLC in a research note on Thursday, July 31st. They now have a GBX 235 ($3.95) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Barclays PLC in a research note on Thursday, July 31st. They now have a GBX 320 ($5.38) price target on the stock. One research analyst has rated the stock with a sell rating, ten have given a hold rating and sixteen have given a buy rating to the company. Barclays PLC currently has a consensus rating of “Buy” and an average price target of GBX 288.08 ($4.85).
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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