Barclays PLC Stock Rating Upgraded by Sanford C. Bernstein (BARC)
Barclays PLC (LON: BARC) was upgraded by equities researchers at Sanford C. Bernstein to an “outperform” rating in a report issued on Thursday. The firm currently has a $6.10 (400 GBX) target price on the stock.
Shares of Barclays PLC opened at 311.75 on Thursday. 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 £38.143 billion.
Other equities research analysts have also recently issued reports about the stock. 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. They now have a $5.27 price target on the stock, down previously from $5.42. Separately, analysts at Investec downgraded shares of Barclays PLC from a “buy” rating to a “hold” rating in a research note to investors on Thursday, February 14th. They now have a $5.28 price target on the stock, up previously from $4.97. Finally, analysts at Deutsche Bank raised their price target on shares of Barclays PLC from $5.59 to $5.90 in a research note to investors on Thursday, February 14th. They now have a “buy” rating 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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