Barclays PLC (BARC) Receives “Hold” Rating from Deutsche Bank AG
A number of other analysts have also weighed in on BARC. BNP Paribas raised shares of Barclays PLC to an outperform rating and set a GBX 220 ($2.87) price objective for the company in a research note on Thursday, May 26th. Goldman Sachs Group Inc. reaffirmed a conviction-buy rating and issued a GBX 265 ($3.46) price objective on shares of Barclays PLC in a research note on Wednesday, June 1st. Independent Research GmbH set a GBX 130 ($1.70) price objective on shares of Barclays PLC and gave the stock a sell rating in a research note on Friday, June 24th. Jefferies Group lowered shares of Barclays PLC to an underperform rating and lowered their price objective for the stock from GBX 287 ($3.75) to GBX 115 ($1.50) in a research note on Monday, June 27th. Finally, JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 180 ($2.35) price objective on shares of Barclays PLC in a research note on Monday, June 27th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of GBX 195.84 ($2.56).
Shares of Barclays PLC (LON:BARC) opened at 166.45 on Thursday. Barclays PLC has a 12 month low of GBX 121.10 and a 12 month high of GBX 259.50. The company’s 50-day moving average is GBX 164.22 and its 200 day moving average is GBX 162.19. The company’s market capitalization is GBX 23.02 billion.
The firm also recently disclosed a dividend, which was paid on Monday, September 19th. Investors of record on Thursday, August 11th were given a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 0.65%. The ex-dividend date of this dividend was Thursday, August 11th.
In related news, insider Staley,James E sold 97,073 shares of the firm’s stock in a transaction dated Monday, June 27th. The stock was sold at an average price of GBX 139 ($1.81), for a total transaction of £134,931.47 ($176,127.75).
Barclays PLC Company Profile
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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