Investec Reiterates Buy on Barclays PLC (BARC)
Barclays PLC (LON: BARC)‘s stock had its “buy” rating reaffirmed by research analysts at Investec in a report released on Wednesday. They currently have a $4.63 (285 GBX) target price on the stock.
Shares of Barclays PLC opened at 274.30 on Wednesday. Barclays PLC has a one year low of GBX 148.20 and a one year high of GBX 288.00. The stock’s 50-day moving average is currently GBX 221.1. The company’s market cap is £32.916 billion.
A number of other firms have also recently commented on BARC. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Thursday, December 13th. They now have a $5.81 price target on the stock. Separately, analysts at Exane BNP Paribas reiterated an “outperform” rating on shares of Barclays PLC in a research note to investors on Monday, December 10th. They now have a $5.45 price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Barclays PLC in a research note to investors on Thursday, December 6th. They now have a $4.10 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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