Barclays PLC (BARC) Given Consensus Rating of “Hold” by Brokerages
Barclays PLC (LON:BARC) has earned a consensus rating of “Hold” from the twenty-six analysts that are presently covering the company. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 197.44 ($2.44).
Several equities research analysts have recently commented on BARC shares. BNP Paribas reissued a “neutral” rating and issued a GBX 165 ($2.04) target price on shares of Barclays PLC in a research note on Monday, August 1st. JPMorgan Chase & Co. lowered their target price on Barclays PLC from GBX 180 ($2.23) to GBX 175 ($2.17) and set a “neutral” rating for the company in a research note on Thursday, August 11th. Sanford C. Bernstein set a GBX 110 ($1.36) target price on Barclays PLC and gave the company a “neutral” rating in a research note on Wednesday, June 29th. Morgan Stanley set a GBX 155 ($1.92) target price on Barclays PLC and gave the company a “neutral” rating in a research note on Thursday, June 30th. Finally, Deutsche Bank AG lifted their target price on Barclays PLC from GBX 160 ($1.98) to GBX 170 ($2.10) and gave the company a “hold” rating in a research note on Monday, August 1st.
Shares of Barclays PLC (LON:BARC) traded down 1.16% during midday trading on Thursday, reaching GBX 166.50. The company had a trading volume of 48,168,546 shares. The company’s 50-day moving average is GBX 169.63 and its 200-day moving average is GBX 162.93. The firm’s market cap is GBX 23.03 billion. Barclays PLC has a 52-week low of GBX 121.10 and a 52-week high of GBX 255.75.
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The business also recently declared a dividend, which was paid on Monday, September 19th. Investors of record on Thursday, August 11th were given a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.65%. The ex-dividend date was Thursday, August 11th.
About Barclays PLC
Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays Corporate & International. The Barclays UK segment incorporates the UK Personal, small UK Corporate and UK Wealth businesses, and the Barclaycard UK consumer credit cards business.
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