Barclays PLC (BARC) Receives Average Recommendation of “Hold” from Brokerages
Barclays PLC (LON:BARC) has earned a consensus recommendation of “Hold” from the nineteen research firms that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 227.20 ($3.06).
A number of brokerages recently issued reports on BARC. J P Morgan Chase & Co set a GBX 240 ($3.24) price target on Barclays PLC and gave the stock a “buy” rating in a research report on Monday, June 26th. Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Barclays PLC in a research report on Wednesday, September 6th. Deutsche Bank AG increased their price target on Barclays PLC from GBX 229 ($3.09) to GBX 231 ($3.11) and gave the stock a “buy” rating in a research report on Monday, September 4th. UBS AG set a GBX 235 ($3.17) price target on Barclays PLC and gave the stock a “buy” rating in a research report on Friday, August 18th. Finally, Investec reissued a “buy” rating and set a GBX 245 ($3.30) price target on shares of Barclays PLC in a research report on Thursday, June 1st.
Shares of Barclays PLC (BARC) opened at 191.55 on Friday. The company has a 50-day moving average price of GBX 195.88 and a 200 day moving average price of GBX 208.63. Barclays PLC has a 52 week low of GBX 155.95 and a 52 week high of GBX 267.32. The firm’s market cap is GBX 32.67 billion.
The business also recently announced a dividend, which was paid on Monday, September 18th. Investors of record on Thursday, August 10th were given a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.48%. The ex-dividend date was Thursday, August 10th.
In other Barclays PLC news, insider Tim J. Breedon acquired 3,224 shares of the stock in a transaction dated Monday, July 31st. The stock was purchased at an average cost of GBX 202 ($2.72) per share, with a total value of £6,512.48 ($8,780.48). Also, insider Matthew Lester acquired 10,000 shares of the stock in a transaction dated Wednesday, September 13th. The stock was acquired at an average cost of GBX 192 ($2.59) per share, with a total value of £19,200 ($25,886.48).
Barclays PLC Company Profile
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