Barclays PLC (LON:BARC)‘s stock had its “hold” rating reaffirmed by Deutsche Bank AG in a research report issued to clients and investors on Thursday. They presently have a GBX 176 ($2.18) price objective on the financial services provider’s stock. Deutsche Bank AG’s price target would suggest a potential upside of 3.44% from the stock’s current price.
Other equities analysts have also recently issued research reports about the stock. Macquarie reaffirmed an “outperform” rating and issued a GBX 200 ($2.48) price target on shares of Barclays PLC in a research report on Monday, August 8th. Goldman Sachs Group Inc. cut shares of Barclays PLC to a ” underperform” rating and dropped their price target for the company from GBX 287 ($3.55) to GBX 115 ($1.42) in a research report on Monday, June 27th. S&P Global Inc. set a GBX 165 ($2.04) price target on shares of Barclays PLC and gave the company a “neutral” rating in a research report on Friday, July 29th. Shore Capital reaffirmed a “buy” rating on shares of Barclays PLC in a research report on Friday, July 29th. Finally, BNP Paribas reaffirmed a “neutral” rating and issued a GBX 165 ($2.04) price target on shares of Barclays PLC in a research report on Thursday, July 21st. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 197.44 ($2.44).
Shares of Barclays PLC (LON:BARC) opened at 171.25 on Thursday. The company’s market cap is GBX 23.68 billion. The stock’s 50 day moving average price is GBX 169.78 and its 200-day moving average price is GBX 163.00. Barclays PLC has a one year low of GBX 121.10 and a one year high of GBX 255.75.
The firm also recently announced a dividend, which was paid on Monday, September 19th. Investors of record on Thursday, August 11th were given 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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