Barclays PLC (LON:BARC) Receives GBX 207.31 Average PT from Analysts
Barclays PLC (LON:BARC) has been given a consensus rating of “Buy” by the seventeen brokerages that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 207.08 ($2.71).
Several analysts have recently commented on BARC shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 220 ($2.87) price target on shares of Barclays in a research report on Monday, April 29th. Shore Capital reiterated a “buy” rating on shares of Barclays in a research report on Thursday, April 25th. Deutsche Bank increased their price target on shares of Spirit Airlines from $75.00 to $79.00 and gave the company a “buy” rating in a research report on Friday. Bank of America upgraded shares of Royal Bank of Scotland Group from an “underperform” rating to a “neutral” rating in a research report on Thursday, April 18th. Finally, UBS Group restated a “buy” rating and set a $124.00 target price on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research report on Thursday, April 25th.
BARC traded down GBX 0.74 ($0.01) on Friday, hitting GBX 157.20 ($2.05). 23,222,552 shares of the company were exchanged, compared to its average volume of 50,310,000. The business has a fifty day moving average price of GBX 151.45. Barclays has a fifty-two week low of GBX 145 ($1.89) and a fifty-two week high of GBX 197.50 ($2.58). The firm has a market capitalization of $27.11 billion and a price-to-earnings ratio of 8.15.
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, including retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
Recommended Story: Range Trading
Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.