Deutsche Bank AG Raises Barclays PLC (BARC) Price Target to GBX 231
Barclays PLC (LON:BARC) had its price objective raised by Deutsche Bank AG from GBX 229 ($2.96) to GBX 231 ($2.98) in a research report report published on Monday morning. The brokerage currently has a buy rating on the financial services provider’s stock.
A number of other research firms have also weighed in on BARC. Jefferies Group LLC reissued a hold rating and issued a GBX 232 ($3.00) target price on shares of Barclays PLC in a research note on Monday, June 12th. Shore Capital reissued a buy rating on shares of Barclays PLC in a research note on Friday, July 28th. Goldman Sachs Group, Inc. (The) reissued a sell rating and issued a GBX 180 ($2.32) target price on shares of Barclays PLC in a research note on Wednesday, June 28th. BNP Paribas reissued an outperform rating and issued a GBX 240 ($3.10) target price on shares of Barclays PLC in a research note on Wednesday, July 19th. Finally, Investec reissued a buy rating and issued a GBX 245 ($3.16) target price on shares of Barclays PLC in a research note on Tuesday, June 20th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company. The company has a consensus rating of Hold and an average price target of GBX 226.83 ($2.93).
Barclays PLC (LON BARC) opened at 185.85 on Monday. Barclays PLC has a one year low of GBX 155.95 and a one year high of GBX 267.32. The firm has a 50-day moving average price of GBX 200.51 and a 200-day moving average price of GBX 211.33. The firm’s market cap is GBX 31.69 billion.
The firm also recently disclosed a dividend, which will be paid on Monday, September 18th. Investors of record on Thursday, August 10th will be given a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, August 10th. This represents a yield of 0.48%.
In other Barclays PLC news, insider Tim J. Breedon acquired 3,224 shares of the stock in a transaction that occurred on Monday, July 31st. The shares were acquired at an average cost of GBX 202 ($2.61) per share, with a total value of £6,512.48 ($8,410.80).
About Barclays PLC
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