Barclays PLC (LON:BARC) has been given a GBX 267 ($3.41) price target by analysts at Deutsche Bank AG in a research report issued to clients and investors on Monday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Deutsche Bank AG’s target price suggests a potential upside of 19.22% from the company’s current price.
Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. raised their price target on Barclays PLC from GBX 215 ($2.75) to GBX 225 ($2.88) and gave the stock a ” neutral” rating in a research report on Wednesday, March 1st. HSBC Holdings plc raised their price target on Barclays PLC from GBX 250 ($3.20) to GBX 260 ($3.32) and gave the stock a “buy” rating in a research report on Monday, February 6th. S&P Global set a GBX 280 ($3.58) price target on Barclays PLC and gave the stock a “buy” rating in a research report on Thursday, February 23rd. Societe Generale reiterated a “buy” rating and issued a GBX 275 ($3.52) target price on shares of Barclays PLC in a research report on Friday, February 24th. Finally, Shore Capital reiterated a “hold” rating and issued a GBX 235 ($3.00) target price on shares of Barclays PLC in a research report on Thursday, February 23rd. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 226.60 ($2.90).
Shares of Barclays PLC (LON:BARC) traded down 0.31% during mid-day trading on Monday, hitting GBX 223.95. 60,183,495 shares of the stock were exchanged. The firm has a 50-day moving average price of GBX 221.91 and a 200 day moving average price of GBX 217.53. Barclays PLC has a 12-month low of GBX 121.10 and a 12-month high of GBX 267.32. The company’s market capitalization is GBX 37.97 billion.
The firm also recently declared a dividend, which was paid on Wednesday, April 5th. Shareholders of record on Thursday, March 2nd were paid a GBX 2 ($0.03) dividend. The ex-dividend date was Thursday, March 2nd. This is a positive change from Barclays PLC’s previous dividend of $1.00. This represents a yield of 0.82%.
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Barclays PLC Company Profile
Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International. The Barclays UK segment includes the local consumer, small business, the United Kingdom wealth and credit cards business.
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