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Research analysts at Jefferies Group boosted their target price on shares of Barclays PLC (LON:BARC) from GBX 325 ($5.38) to GBX 331 ($5.48) in a report released on Thursday. The firm currently has a “buy” rating on the stock. Jefferies Group’s price objective would suggest a potential upside of 46.53% from the stock’s previous close.

Barclays PLC (LON:BARC) traded down 0.82% on Thursday, hitting GBX 224.05. 27,042,104 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 297.95. The stock has a 50-day moving average of GBX 217.5 and a 200-day moving average of GBX 236.2. The company’s market cap is £36.623 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.

A number of other firms have also 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, 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 ($3.97) 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 ($4.55) price target on the stock. One analyst has rated the stock with a sell rating, ten have issued a hold rating and sixteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 286.79 ($4.75).

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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