Barclays PLC’s Buy Rating Reaffirmed at Espirito Santo Investment Bank Research (BARC)
Barclays PLC (LON:BARC)‘s stock had its “buy” rating reiterated by investment analysts at Espirito Santo Investment Bank Research in a note issued to investors on Monday. They currently have a GBX 325 ($5.39) price target on the stock. Espirito Santo Investment Bank Research’s price objective would indicate a potential upside of 44.80% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated a “sector performer” rating on shares of Barclays PLC in a research note on Monday. They now have a GBX 260 ($4.31) price target on the stock. Separately, 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. Finally, 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. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and sixteen have given a buy rating to the stock. Barclays PLC currently has an average rating of “Buy” and an average price target of GBX 288.72 ($4.79).
Shares of Barclays PLC (LON:BARC) opened at 223.15 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 £36.476 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.
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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