Barclays PLC’s (BARC) “Buy” Rating Reiterated at Deutsche Bank AG
Deutsche Bank AG reissued their buy rating on shares of Barclays PLC (LON:BARC) in a research report report published on Tuesday morning. Deutsche Bank AG currently has a GBX 231 ($3.11) target price on the financial services provider’s stock.
Several other brokerages have also weighed in on BARC. Jefferies Group LLC reiterated a hold rating and set a GBX 232 ($3.13) price objective on shares of Barclays PLC in a report on Monday, June 12th. Shore Capital reiterated a buy rating on shares of Barclays PLC in a report on Friday, July 28th. Goldman Sachs Group, Inc. (The) reiterated a sell rating and set a GBX 180 ($2.43) price objective on shares of Barclays PLC in a report on Wednesday, June 28th. BNP Paribas reiterated an outperform rating and set a GBX 240 ($3.24) price objective on shares of Barclays PLC in a report on Wednesday, July 19th. Finally, Investec reiterated a buy rating and set a GBX 245 ($3.30) price objective on shares of Barclays PLC in a report on Tuesday, June 20th. Four 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’s stock. The stock has a consensus rating of Hold and an average price target of GBX 226.56 ($3.05).
Barclays PLC (LON BARC) opened at 191.55 on Tuesday. The stock’s 50 day moving average is GBX 195.88 and its 200 day moving average is GBX 208.63. Barclays PLC has a 12-month low of GBX 155.95 and a 12-month high of GBX 267.32. The stock’s market capitalization is GBX 32.67 billion.
TRADEMARK VIOLATION NOTICE: This piece was reported by Watch List News and is the property of of Watch List News. If you are accessing this piece on another site, it was illegally stolen and reposted in violation of U.S. and international copyright law. The legal version of this piece can be read at https://www.watchlistnews.com/barclays-plcs-barc-buy-rating-reiterated-at-deutsche-bank-ag/1581746.html.
The firm also recently disclosed a dividend, which was paid on Monday, September 18th. Shareholders of record on Thursday, August 10th were issued a GBX 1 ($0.01) dividend. This represents a yield of 0.48%. The ex-dividend date was Thursday, August 10th.
In other Barclays PLC news, insider Matthew Lester acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, September 13th. The stock was purchased at an average price of GBX 192 ($2.59) per share, with a total value of £19,200 ($25,886.48). Also, insider Tim J. Breedon acquired 3,224 shares of the firm’s stock in a transaction on Monday, July 31st. The stock was acquired at an average cost of GBX 202 ($2.72) per share, with a total value of £6,512.48 ($8,780.48).
About Barclays PLC
Receive News & Ratings for Barclays PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.