Barclays PLC’s Neutral Rating Reiterated at Credit Suisse (BARC)
Barclays PLC (LON:BARC)‘s stock had its “neutral” rating restated by analysts at Credit Suisse in a research report issued to clients and investors on Monday. They currently have a GBX 235 ($3.90) target price on the stock. Credit Suisse’s price target would suggest a potential upside of 4.70% from the company’s current price.
Barclays PLC (LON:BARC) opened at 224.03 on Monday. Barclays PLC has a 1-year low of GBX 201.75 and a 1-year 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 £36.620 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.
BARC has been the subject of a number of other recent research reports. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Barclays PLC in a research note on Monday. They now have a GBX 325 ($5.39) price target on the stock. Separately, 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. Finally, 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. One research 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. The stock presently has a consensus rating of “Buy” and an average price target of GBX 288.72 ($4.79).
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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