Barclays PLC Stock Rating Reaffirmed by RBC Capital (BARC)
Barclays PLC (LON:BARC)‘s stock had its “sector performer” rating reiterated by equities researchers at RBC Capital in a research report issued on Monday. They currently have a GBX 260 ($4.31) price objective on the stock. RBC Capital’s price target would indicate a potential upside of 15.84% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “buy” rating on shares of Barclays PLC in a research note on Monday. They now have a GBX 295 ($4.90) price target on the stock. Separately, 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. Finally, 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. One investment 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. Barclays PLC currently has an average rating of “Buy” and a consensus target price of GBX 288.72 ($4.79).
Shares of 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. 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.
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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