Barclays PLC Price Target Raised to $6.50 at Bank of America (BARC)
Barclays PLC (LON: BARC) had its price target upped by Bank of America from $5.67 (374 GBX) to $6.50 (429 GBX) in a research note released on Monday morning. They currently have a buy rating on the stock.
Barclays PLC traded up 1.31% on Monday, hitting GBX 300.90. Barclays PLC has a 1-year low of GBX 148.20 and a 1-year high of GBX 330.557. The stock’s 50-day moving average is currently GBX 221.1. The company’s market cap is £36.815 billion.
A number of other analysts have also recently weighed in on BARC. Analysts at Investec upgraded shares of Barclays PLC from a hold rating to a buy rating in a research note to investors on Friday, February 22nd. They now have a $5.26 price target on the stock, up previously from $5.19. Separately, analysts at Sanford C. Bernstein upgraded shares of Barclays PLC to an outperform rating in a research note to investors on Thursday, February 21st. They now have a $6.10 price target on the stock. Finally, analysts at Goldman Sachs downgraded shares of Barclays PLC from a buy rating to a neutral rating in a research note to investors on Wednesday, February 20th. They now have a $5.27 price target on the stock, down previously from $5.42.
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