Barclays PLC (BARC) Given Consensus Rating of “Hold” by Brokerages
Barclays PLC (LON:BARC) has earned a consensus rating of “Hold” from the twenty-six research firms that are currently covering the firm. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 197.44 ($2.44).
BARC has been the topic of several analyst reports. Deutsche Bank AG reiterated a “hold” rating on shares of Barclays PLC in a research note on Thursday, June 30th. Jefferies Group downgraded shares of Barclays PLC to an “underperform” rating and dropped their target price for the stock from GBX 287 ($3.55) to GBX 115 ($1.42) in a research note on Monday, June 27th. Societe Generale reiterated a “buy” rating and issued a GBX 185 ($2.29) target price on shares of Barclays PLC in a research note on Sunday, July 3rd. Citigroup Inc. lifted their price objective on shares of Barclays PLC from GBX 110 ($1.36) to GBX 130 ($1.61) and gave the stock a “sell” rating in a research note on Thursday, July 28th. Finally, Goldman Sachs Group Inc. set a GBX 175 ($2.17) target price on shares of Barclays PLC and gave the stock a “neutral” rating in a report on Tuesday, June 28th.
Barclays PLC (LON:BARC) traded down 1.16% on Thursday, reaching GBX 166.50. 48,168,546 shares of the company were exchanged. The firm’s market capitalization is GBX 23.03 billion. The firm has a 50-day moving average of GBX 169.63 and a 200 day moving average of GBX 162.93. Barclays PLC has a 12-month low of GBX 121.10 and a 12-month high of GBX 255.75.
The firm also recently announced a dividend, which was paid on Monday, September 19th. Shareholders of record on Thursday, August 11th were issued a GBX 1 ($0.01) dividend. This represents a yield of 0.65%. The ex-dividend date was Thursday, August 11th.
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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