Barclays PLC Stock Rating Reaffirmed by Investec (BARC)
Barclays PLC (LON:BARC)‘s stock had its “buy” rating restated by analysts at Investec in a research report issued to clients and investors on Monday. They currently have a GBX 295 ($4.90) price target on the stock. Investec’s price objective would suggest a potential upside of 31.43% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays PLC in a research note on Monday. They now have a GBX 285 ($4.73) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Barclays PLC in a research note on Monday. They now have a GBX 280 ($4.65) price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Barclays PLC from GBX 325 ($5.39) to GBX 331 ($5.49) in a research note on Thursday. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and sixteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of GBX 288.72 ($4.79).
Barclays PLC (LON:BARC) opened at 223.10 on Monday. Barclays PLC has a 52-week low of GBX 201.75 and a 52-week high of GBX 297.95. The stock’s 50-day moving average is GBX 217.8 and its 200-day moving average is GBX 236.1. The company’s market cap is £36.468 billion.
The company also recently declared a dividend, which is scheduled for Friday, September 19th. Investors 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.
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.
Receive News & Ratings for Barclays PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.