Barclays PLC’s Market Perform Rating Reaffirmed at Sanford C. Bernstein (BARC)
Barclays PLC (LON:BARC)‘s stock had its “market perform” rating reiterated by Sanford C. Bernstein in a research note issued on Wednesday. They currently have a GBX 240 ($4.03) price objective on the stock. Sanford C. Bernstein’s target price would indicate a potential upside of 10.60% from the stock’s previous close.
Barclays PLC (LON:BARC) opened at 219.55 on Wednesday. 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 217.0 and a 200-day moving average of GBX 240.0. The company’s market cap is £35.888 billion.
The company also recently declared a dividend, which is scheduled for Friday, September 19th. Shareholders of record on Wednesday, August 6th will be given a dividend of GBX 1 ($0.02) per share. This represents a yield of 0.44%. The ex-dividend date of this dividend is Wednesday, August 6th.
A number of other analysts have also recently weighed in on BARC. Analysts at Nomura reiterated a “buy” rating on shares of Barclays PLC in a research note on Friday, August 8th. They now have a GBX 275 ($4.61) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Barclays PLC in a research note on Friday, August 8th. They now have a GBX 275 ($4.61) price target on the stock. Finally, 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 ($3.69) price target on the stock. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and seventeen have issued a buy rating to the stock. Barclays PLC presently has a consensus rating of “Buy” and a consensus price target of GBX 287.58 ($4.82).
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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