Barclays PLC (BARC) Given a GBX 250 Price Target at HSBC Holdings plc

HSBC Holdings plc set a GBX 250 ($3.26) price objective on Barclays PLC (LON:BARC) in a report released on Friday morning. The brokerage currently has a buy rating on the financial services provider’s stock.

Other equities research analysts have also issued reports about the company. S&P Global set a GBX 250 ($3.26) target price on Barclays PLC and gave the stock a buy rating in a research report on Friday, April 28th. Beaufort Securities reaffirmed a buy rating on shares of Barclays PLC in a research report on Tuesday, May 2nd. Deutsche Bank AG cut their target price on Barclays PLC from GBX 267 ($3.48) to GBX 250 ($3.26) and set a buy rating on the stock in a research report on Friday, April 21st. Morgan Stanley set a GBX 280 ($3.65) target price on Barclays PLC and gave the stock a buy rating in a research report on Thursday, April 20th. Finally, UBS AG set a GBX 235 ($3.06) target price on Barclays PLC and gave the stock a buy rating in a research report on Saturday, May 20th. Four analysts have rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the 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) opened at 201.00 on Friday. The firm’s market cap is GBX 34.28 billion. Barclays PLC has a 1-year low of GBX 155.95 and a 1-year high of GBX 267.32. The company’s 50 day moving average price is GBX 206.37 and its 200-day moving average price is GBX 215.95.

ILLEGAL ACTIVITY WARNING: “Barclays PLC (BARC) Given a GBX 250 Price Target at HSBC Holdings plc” was first reported by Transcript Daily and is owned by of Transcript Daily. If you are accessing this report on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The legal version of this report can be viewed at https://transcriptdaily.com/2017/08/14/barclays-plc-barc-given-a-gbx-250-price-target-at-hsbc-holdings-plc.html.

The firm also recently disclosed a dividend, which will be paid on Monday, September 18th. Investors 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 business’s stock in a transaction that occurred on Monday, July 31st. The stock was acquired at an average price of GBX 202 ($2.63) per share, with a total value of £6,512.48 ($8,480.90).

Barclays PLC Company Profile

Analyst Recommendations for Barclays PLC (LON:BARC)

Receive News & Ratings for Barclays PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply