Barclays PLC (BARC) Receives “Buy” Rating from HSBC Holdings plc
HSBC Holdings plc reissued their buy rating on shares of Barclays PLC (LON:BARC) in a research note published on Monday morning, MarketBeat reports. The firm currently has a GBX 250 ($3.37) target price on the financial services provider’s stock.
A number of other brokerages also recently commented on BARC. Jefferies Group LLC reiterated a hold rating and set a GBX 232 ($3.13) target price on shares of Barclays PLC in a research note on Monday, June 12th. Shore Capital reiterated a buy rating on shares of Barclays PLC in a research note on Friday, July 28th. Goldman Sachs Group, Inc. (The) reiterated a sell rating and set a GBX 180 ($2.43) target price on shares of Barclays PLC in a research note on Wednesday, June 28th. BNP Paribas reiterated an outperform rating and set a GBX 240 ($3.24) target price on shares of Barclays PLC in a research note on Wednesday, July 19th. Finally, Investec reiterated a buy rating and set a GBX 245 ($3.30) 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 given a hold rating and twelve have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 226.56 ($3.05).
Shares of Barclays PLC (LON BARC) opened at 190.40 on Monday. The stock’s market cap is GBX 32.47 billion. Barclays PLC has a one year low of GBX 155.95 and a one year high of GBX 267.32. The stock’s 50 day moving average price is GBX 195.88 and its 200 day moving average price is GBX 208.63.
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The company also recently declared a dividend, which was paid on Monday, September 18th. Investors of record on Thursday, August 10th were issued a dividend of GBX 1 ($0.01) per share. The ex-dividend date was Thursday, August 10th. This represents a yield of 0.48%.
In other news, insider Matthew Lester purchased 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The stock was purchased at an average cost of GBX 192 ($2.59) per share, with a total value of £19,200 ($25,886.48). Also, insider Tim J. Breedon purchased 3,224 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The shares were purchased at an average cost of GBX 202 ($2.72) per share, with a total value of £6,512.48 ($8,780.48).
Barclays PLC Company Profile
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