UBS AG Reiterates “GBX 235” Price Target for Barclays PLC (BARC)
UBS AG set a GBX 235 ($3.05) target price on Barclays PLC (LON:BARC) in a research report report published on Friday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the financial services provider’s stock.
A number of other research analysts have also recently issued reports on the company. J P Morgan Chase & Co set a GBX 240 ($3.12) price objective on Barclays PLC and gave the company a buy rating in a report on Monday, June 26th. Shore Capital reissued a hold rating on shares of Barclays PLC in a report on Friday, April 28th. Goldman Sachs Group, Inc. (The) cut Barclays PLC to a sell rating and cut their price objective for the company from GBX 250 ($3.25) to GBX 180 ($2.34) in a report on Friday, May 5th. Credit Suisse Group reissued an outperform rating and set a GBX 260 ($3.38) price objective on shares of Barclays PLC in a report on Thursday, April 20th. Finally, HSBC Holdings plc reissued a buy rating and set a GBX 260 ($3.38) price objective on shares of Barclays PLC in a report on Thursday, May 18th. Four investment 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. Barclays PLC currently has a consensus rating of Hold and an average price target of GBX 226.72 ($2.94).
Barclays PLC (BARC) opened at 195.65 on Friday. The company has a 50-day moving average of GBX 206.00 and a 200-day moving average of GBX 214.94. Barclays PLC has a 12 month low of GBX 155.95 and a 12 month high of GBX 267.32. The company’s market cap is GBX 33.37 billion.
The business also recently announced a dividend, which will be paid on Monday, September 18th. Stockholders of record on Thursday, August 10th will be given a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a dividend yield of 0.48%.
In other Barclays PLC news, insider Tim J. Breedon acquired 3,224 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The stock was acquired at an average cost of GBX 202 ($2.62) per share, for a total transaction of £6,512.48 ($8,454.47).
Barclays PLC Company Profile
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