Barclays PLC Given Consensus Rating of “Buy” by Brokerages (LON:BARC)
Shares of Barclays PLC (LON:BARC) have received an average recommendation of “Buy” from the twenty-eight brokerages that are presently covering the stock, Analyst Ratings Network.com reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and seventeen have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 286.08 ($4.78).
Barclays PLC (LON:BARC) opened at 222.75 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 216.5 and a 200-day moving average of GBX 237.7. The company’s market cap is £36.411 billion.
The company also recently declared a dividend, which is scheduled for Friday, September 19th. Stockholders 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.
Several analysts have recently commented on the stock. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Barclays PLC in a research note on Thursday, August 14th. 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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