Barclays PLC Stock Rating Reaffirmed by Espirito Santo Investment Bank Research (BARC)
Barclays PLC (LON: BARC)‘s stock had its “buy” rating reaffirmed by research analysts at Espirito Santo Investment Bank Research in a report released on Monday. They currently have a $5.23 (346 GBX) target price on the stock.
Barclays PLC traded up 1.51% on Monday, hitting GBX 311.65. Barclays PLC has a 52-week low of GBX 148.20 and a 52-week high of GBX 330.557. The stock’s 50-day moving average is currently GBX 221.1. The company’s market cap is £38.130 billion.
Several other analysts have also recently commented on the stock. Analysts at Bank of America raised their price target on shares of Barclays PLC from $5.67 to $6.50 in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at Investec upgraded shares of Barclays PLC from a “hold” rating to a “buy” rating in a research note to investors on Friday. They now have a $5.26 price target on the stock, up previously from $5.19. Finally, analysts at Sanford C. Bernstein upgraded shares of Barclays PLC to an “outperform” rating in a research note to investors on Thursday. They now have a $6.10 price target on the stock.
Barclays PLC (Barclays) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services.
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