Barclays PLC (BARC) Given Consensus Recommendation of “Hold” by Analysts
Barclays PLC (LON:BARC) has been given a consensus rating of “Hold” by the nineteen analysts that are currently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and twelve have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 230.38 ($3.04).
BARC has been the subject of several analyst reports. S&P Global set a GBX 250 ($3.30) target price on shares of Barclays PLC and gave the company a “buy” rating in a research note on Friday, April 28th. Deutsche Bank AG decreased their target price on shares of Barclays PLC from GBX 267 ($3.52) to GBX 250 ($3.30) and set a “buy” rating for the company in a research note on Friday, April 21st. Morgan Stanley set a GBX 280 ($3.69) target price on shares of Barclays PLC and gave the company a “buy” rating in a research note on Thursday, April 20th. HSBC Holdings plc restated a “buy” rating and issued a GBX 260 ($3.43) target price on shares of Barclays PLC in a research note on Tuesday, April 18th. Finally, Beaufort Securities restated a “buy” rating on shares of Barclays PLC in a research note on Tuesday, May 2nd.
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In other news, insider Tim J. Breedon acquired 3,224 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The shares were acquired at an average price of GBX 202 ($2.66) per share, with a total value of £6,512.48 ($8,590.53).
Barclays PLC (BARC) opened at 208.50 on Friday. The stock’s market cap is GBX 35.56 billion. Barclays PLC has a 12 month low of GBX 145.25 and a 12 month high of GBX 267.32. The firm’s 50 day moving average price is GBX 205.38 and its 200 day moving average price is GBX 216.89.
The company also recently disclosed a dividend, which will be paid on Monday, September 18th. Investors of record on Thursday, August 10th will be issued a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, August 10th. This represents a dividend yield of 0.48%.
Barclays PLC Company Profile
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