BNP Paribas reissued their outperform rating on shares of Barclays PLC (LON:BARC) in a report issued on Tuesday. They currently have a GBX 205 ($2.68) price target on the financial services provider’s stock.
Several other research analysts also recently weighed in on BARC. JPMorgan Chase & Co. lowered their target price on Barclays PLC from GBX 180 ($2.35) to GBX 175 ($2.28) and set a neutral rating on the stock in a research note on Thursday, August 11th. Sanford C. Bernstein set a GBX 110 ($1.44) 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 ($2.02) target price on Barclays PLC and gave the company a neutral rating in a research note on Thursday, June 30th. Deutsche Bank AG lifted their target price on Barclays PLC from GBX 160 ($2.09) to GBX 170 ($2.22) and gave the company a hold rating in a research note on Monday, August 1st. Finally, Macquarie lifted their target price on Barclays PLC from GBX 175 ($2.28) to GBX 200 ($2.61) and gave the company an outperform rating in a research note on Tuesday, August 2nd. Three research 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 stock currently has an average rating of Hold and an average target price of GBX 197.44 ($2.58).
Barclays PLC (LON:BARC) opened at 173.37 on Tuesday. The firm has a 50-day moving average price of GBX 168.47 and a 200-day moving average price of GBX 162.48. The firm’s market capitalization is GBX 23.98 billion. Barclays PLC has a one year low of GBX 121.10 and a one year high of GBX 259.50.
The business also recently declared a dividend, which was paid on Monday, September 19th. Stockholders of record on Thursday, August 11th were given a dividend of GBX 1 ($0.01) per share. This represents a dividend 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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