J P Morgan Chase & Co reissued their overweight rating on shares of Barclays PLC (LON:BARC) in a report released on Thursday, July 20th. J P Morgan Chase & Co currently has a GBX 240 ($3.13) target price on the financial services provider’s stock.
Several other research firms have also weighed in on BARC. Shore Capital reaffirmed a hold rating on shares of Barclays PLC in a report on Friday, April 28th. Goldman Sachs Group, Inc. (The) lowered shares of Barclays PLC to a sell rating and lowered their target price for the stock from GBX 250 ($3.26) to GBX 180 ($2.34) in a report on Friday, May 5th. BNP Paribas raised shares of Barclays PLC to an outperform rating and set a GBX 290 ($3.78) target price on the stock in a report on Friday, March 24th. HSBC Holdings plc reaffirmed a buy rating and issued a GBX 260 ($3.39) target price on shares of Barclays PLC in a report on Tuesday, April 18th. Finally, Credit Suisse Group reaffirmed an outperform rating and issued a GBX 260 ($3.39) target price on shares of Barclays PLC in a report on Thursday, April 20th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of GBX 226.72 ($2.95).
Shares of Barclays PLC (LON:BARC) traded up 0.17% during mid-day trading on Thursday, reaching GBX 210.35. 15,561,549 shares of the company traded hands. Barclays PLC has a 52-week low of GBX 155.95 and a 52-week high of GBX 267.32. The stock’s 50 day moving average is GBX 206.00 and its 200 day moving average is GBX 216.33. The stock’s market capitalization is GBX 35.87 billion.
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The firm also recently announced a dividend, which will be paid on Monday, September 18th. Investors of record on Thursday, August 10th will be paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a yield of 0.48%.
In other Barclays PLC news, insider Tim J. Breedon bought 3,224 shares of the stock in a transaction that occurred on Monday, July 31st. The stock was acquired at an average cost of GBX 202 ($2.63) per share, with a total value of £6,512.48 ($8,480.90).
Barclays PLC Company Profile
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