Barclays PLC (BARC) PT Raised to GBX 231 at Deutsche Bank AG
Barclays PLC (LON:BARC) had its target price increased by analysts at Deutsche Bank AG from GBX 229 ($2.96) to GBX 231 ($2.99) in a report issued on Monday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Deutsche Bank AG’s price objective indicates a potential upside of 20.22% from the stock’s current price.
Other equities analysts also recently issued reports about the stock. HSBC Holdings plc reissued a “buy” rating and issued a GBX 260 ($3.36) price target on shares of Barclays PLC in a research note on Thursday, May 18th. UBS AG set a GBX 235 ($3.04) price target on shares of Barclays PLC and gave the stock a “buy” rating in a research note on Saturday, May 20th. Investec reissued a “buy” rating and issued a GBX 245 ($3.17) price target on shares of Barclays PLC in a research note on Thursday, June 1st. Morgan Stanley set a GBX 250 ($3.23) price target on shares of Barclays PLC and gave the stock a “buy” rating in a research note on Tuesday, June 13th. Finally, Credit Suisse Group set a GBX 250 ($3.23) price target on shares of Barclays PLC and gave the stock a “buy” rating in a research note on Wednesday, June 14th. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 226.83 ($2.93).
Barclays PLC (BARC) opened at 190.55 on Monday. Barclays PLC has a 12 month low of GBX 155.95 and a 12 month high of GBX 267.32. The company’s 50-day moving average price is GBX 202.26 and its 200 day moving average price is GBX 212.69. The company’s market capitalization is GBX 32.50 billion.
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In other Barclays PLC news, insider Tim J. Breedon acquired 3,224 shares of the business’s stock in a transaction on Monday, July 31st. The shares were acquired at an average price of GBX 202 ($2.61) per share, for a total transaction of £6,512.48 ($8,422.76).
Barclays PLC Company Profile
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