Barclays PLC’s (BARC) “Outperform” Rating Reaffirmed at BNP Paribas
BNP Paribas reaffirmed their outperform rating on shares of Barclays PLC (LON:BARC) in a report released on Tuesday. They currently have a GBX 205 ($2.68) price target on the financial services provider’s stock.
Several other equities research analysts have also issued reports on BARC. Independent Research GmbH set a GBX 130 ($1.70) target price on shares of Barclays PLC and gave the stock a sell rating in a research note on Friday, June 24th. Deutsche Bank AG reissued a hold rating and set a GBX 175 ($2.28) target price on shares of Barclays PLC in a research note on Wednesday, June 22nd. Societe Generale reissued a buy rating and set a GBX 185 ($2.41) target price on shares of Barclays PLC in a research note on Friday, September 9th. Citigroup Inc. reissued a sell rating and set a GBX 150 ($1.96) target price on shares of Barclays PLC in a research note on Wednesday, August 31st. Finally, Morgan Stanley set a GBX 175 ($2.28) target price on shares of Barclays PLC and gave the stock a neutral rating in a research note on Monday, September 12th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of GBX 197.44 ($2.58).
Shares of Barclays PLC (LON:BARC) traded up 0.30% during midday trading on Tuesday, reaching GBX 169.75. The company’s stock had a trading volume of 22,164,950 shares. The stock’s market capitalization is GBX 23.47 billion. The company has a 50 day moving average price of GBX 167.87 and a 200-day moving average price of GBX 162.32. Barclays PLC has a 52 week low of GBX 121.10 and a 52 week high of GBX 259.50.
The business also recently disclosed a dividend, which was paid on Monday, September 19th. Shareholders of record on Thursday, August 11th were paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date was Thursday, August 11th. This represents a yield of 0.65%.
About Barclays PLC
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 Corporate & International. The Barclays UK segment incorporates the UK Personal, small UK Corporate and UK Wealth businesses, and the Barclaycard UK consumer credit cards business.
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