Barclays PLC (LON:BARC) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Barclays PLC (LON:BARC) have received a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 545.

Several equities research analysts have weighed in on the company. Citigroup upped their target price on Barclays from GBX 425 to GBX 450 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. JPMorgan Chase & Co. lifted their price objective on Barclays from GBX 590 to GBX 600 and gave the company an “overweight” rating in a report on Friday, June 12th. Jefferies Financial Group upped their price objective on shares of Barclays from GBX 570 to GBX 590 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Berenberg Bank reissued a “buy” rating and set a GBX 620 target price on shares of Barclays in a research report on Wednesday, June 24th. Finally, Shore Capital Group reissued a “buy” rating on shares of Barclays in a research report on Tuesday, April 28th.

Barclays Stock Performance

Shares of LON:BARC opened at GBX 521.56 on Friday. The firm’s 50 day simple moving average is GBX 487.65 and its 200-day simple moving average is GBX 458.70. Barclays has a one year low of GBX 352.65 and a one year high of GBX 531.30. The firm has a market cap of £70.34 billion, a PE ratio of 12.02, a price-to-earnings-growth ratio of 1.15 and a beta of 0.88.

Barclays (LON:BARC) last announced its quarterly earnings data on Tuesday, April 28th. The financial services provider reported GBX 14.10 earnings per share (EPS) for the quarter. The company had revenue of GBX 816.30 billion for the quarter. Barclays had a return on equity of 9.46% and a net margin of 17.81%. Equities research analysts predict that Barclays will post 39.1062802 EPS for the current fiscal year.

More Barclays News

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: Barclays shares moved above the 200-day moving average, a technical signal that can attract momentum buyers and suggest improving market sentiment. Barclays (LON:BARC) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened
• Positive Sentiment: Barclays also appeared in analyst roundup coverage, reinforcing that the stock still has institutional support and remains on investors’ radar for favorable call activity. Alphabet To Rally Around 39%? Here Are 10 Top Analyst Forecasts For Thursday
• Neutral Sentiment: Barclays was cited in multiple market stories about former CEO Jes Staley’s testimony and ties to Jeffrey Epstein. The issue is headline risk rather than a direct financial impact, but it can pressure sentiment around the bank. US senator accuses Barclays of ‘failure’ to investigate ex-CEO’s ties to Epstein
• Negative Sentiment: The Epstein-related congressional scrutiny adds reputational uncertainty, which may weigh on Barclays stock if investors worry about distraction, governance concerns, or further negative press. Former Barclays CEO Jes Staley faces US congressional panel over Epstein ties

Barclays Company Profile

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. In addition, the company engages in securities dealing activities. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985.