Barclays PLC Given Consensus Recommendation of “Buy” by Brokerages (LON:BARC)
Shares of Barclays PLC (LON:BARC) have been given a consensus rating of “Buy” by the twenty-eight ratings firms that are presently covering the company, Stock Ratings Network reports. One research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and seventeen have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 286.08 ($4.78).
Barclays PLC (LON:BARC) opened at 219.083 on Monday. Barclays PLC has a 52-week low of GBX 201.75 and a 52-week high of GBX 297.95. The stock has a 50-day moving average of GBX 215.9 and a 200-day moving average of GBX 239.4. The company’s market cap is £35.811 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 of this dividend is Wednesday, August 6th.
A number of research firms have recently commented on BARC. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Barclays PLC in a research note on Thursday. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Barclays PLC in a research note on Wednesday, August 13th. They now have a GBX 240 ($4.01) price target on the stock. Finally, 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 ($4.60) price target on the stock.
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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