UBS Group set a GBX 140 ($1.83) price objective on Barclays PLC (BARC.L) (LON:BARC) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the financial services provider’s stock.
BARC has been the subject of several other reports. Credit Suisse Group set a GBX 125 ($1.63) price objective on Barclays PLC (BARC.L) and gave the company a neutral rating in a research note on Thursday, October 22nd. Berenberg Bank reaffirmed a buy rating and set a GBX 160 ($2.09) price objective on shares of Barclays PLC (BARC.L) in a research note on Thursday, July 2nd. Jefferies Financial Group reissued a buy rating and issued a GBX 228 ($2.98) target price on shares of Barclays PLC (BARC.L) in a research note on Monday, October 19th. Citigroup reaffirmed a neutral rating on shares of Barclays PLC (BARC.L) in a research note on Monday, October 12th. Finally, Royal Bank of Canada set a GBX 110 ($1.44) price target on shares of Barclays PLC (BARC.L) and gave the company a neutral rating in a report on Monday, October 5th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of GBX 152.71 ($2.00).
Shares of LON:BARC opened at GBX 110.52 ($1.44) on Friday. The company has a market cap of $16.96 billion and a price-to-earnings ratio of 18.42. Barclays PLC has a 12 month low of GBX 73.04 ($0.95) and a 12 month high of GBX 192.99 ($2.52). The company has a 50-day moving average price of GBX 101.26 and a 200 day moving average price of GBX 106.83.
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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