The Goldman Sachs Group set a GBX 195 ($2.55) target price on Barclays PLC (BARC.L) (LON:BARC) in a research note published on Thursday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the financial services provider’s stock.
Other equities research analysts have also issued research reports about the stock. Morgan Stanley reissued a neutral rating and issued a GBX 160 ($2.09) price objective on shares of Barclays PLC (BARC.L) in a report on Thursday, January 7th. Shore Capital reaffirmed a buy rating on shares of Barclays PLC (BARC.L) in a research report on Wednesday, November 11th. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating on shares of Barclays PLC (BARC.L) in a research report on Monday, January 25th. Royal Bank of Canada set a GBX 110 ($1.44) target price on shares of Barclays PLC (BARC.L) and gave the company a neutral rating in a research report on Friday, October 23rd. Finally, Citigroup reaffirmed a neutral rating on shares of Barclays PLC (BARC.L) in a research report on Monday, February 8th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Barclays PLC (BARC.L) currently has a consensus rating of Buy and a consensus target price of GBX 169.77 ($2.22).
Shares of BARC opened at GBX 153.64 ($2.01) on Thursday. Barclays PLC has a 12-month low of GBX 73.04 ($0.95) and a 12-month high of GBX 184 ($2.40). The firm has a 50-day moving average price of GBX 146.27 and a 200 day moving average price of GBX 125.12. The firm has a market capitalization of £26.67 billion and a P/E ratio of 17.87.
The firm also recently declared a dividend, which will be paid on Thursday, April 1st. Stockholders of record on Thursday, February 25th will be given a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, February 25th. This represents a dividend yield of 0.65%.
In other news, insider James E. Staley sold 97,131 shares of the stock in a transaction dated Monday, December 14th. The shares were sold at an average price of GBX 142 ($1.86), for a total transaction of £137,926.02 ($180,201.23).
Barclays PLC (BARC.L) Company Profile
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
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