November 24, 2016 - By Richard Conner
Deutsche have a GBX 198.00 target price on the stock. The target price suggests a potential downside of -7.95% from Barclays (LON:BARC)‘s close price. This rating was revealed in an analyst note on Thursday morning.
Out of 26 analysts covering Barclays PLC (LON:BARC), 15 rate it a “Buy”, 2 “Sell”, while 9 “Hold”. This means 58% are positive. GBX 580 is the highest target while GBX 115 is the lowest. The GBX 214.36 average target is -0.39% below today’s (GBX 215.2) stock price. Barclays PLC has been the topic of 228 analyst reports since July 23, 2015 according to StockzIntelligence Inc. On Monday, February 22 the stock rating was maintained by Societe Generale with “Buy”. As per Thursday, March 3, the company rating was maintained by Natixis. Nomura maintained the stock with “Buy” rating in Monday, November 23 report. The stock of Barclays PLC (LON:BARC) has “Buy” rating given on Wednesday, February 10 by Nomura. Goldman Sachs maintained the stock with “Conviction Buy” rating in Thursday, April 28 report. Berenberg maintained the stock with “Hold” rating in Wednesday, March 30 report. The company was maintained on Thursday, June 16 by Deutsche Bank. Bankhaus Lampe maintained the stock with “Hold” rating in Tuesday, January 19 report. The stock of Barclays PLC (LON:BARC) has “Sell” rating given on Wednesday, August 31 by Citigroup. As per Thursday, October 15, the company rating was maintained by Deutsche Bank.
About 14.89 million shares traded hands. Barclays PLC (LON:BARC) has risen 22.65% since April 26, 2016 and is uptrending. It has outperformed by 17.24% the S&P500.
Barclays PLC is a global financial services holding company. The company has a market cap of 36.47 billion GBP. The Firm is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. It currently has negative earnings. The Company’s divisions include Barclays UK and Barclays Corporate & International.
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