Barclays PLC (LON:BARC) Receives Average Rating of “Moderate Buy” from Analysts

by · The Cerbat Gem

Barclays PLC (LON:BARC – Get Free Report) has been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 445.83.

Several equities research analysts recently issued reports on BARC shares. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 500 price objective on shares of Barclays in a report on Tuesday, December 2nd. Jefferies Financial Group raised their target price on Barclays from GBX 455 to GBX 470 and gave the company a “buy” rating in a report on Tuesday, October 28th. Royal Bank Of Canada lifted their target price on Barclays from GBX 435 to GBX 500 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Shore Capital reissued a “buy” rating on shares of Barclays in a research report on Wednesday, October 22nd. Finally, Citigroup raised their price objective on shares of Barclays from GBX 400 to GBX 415 and gave the company a “neutral” rating in a research note on Thursday, October 23rd.

View Our Latest Analysis on Barclays

Barclays Stock Performance

LON:BARC opened at GBX 463.42 on Friday. Barclays has a fifty-two week low of GBX 223.75 and a fifty-two week high of GBX 464. The company has a 50 day moving average price of GBX 410.33 and a 200 day moving average price of GBX 375.45. The stock has a market capitalization of £64.35 billion, a P/E ratio of 11.41, a PEG ratio of 1.15 and a beta of 1.36.

Barclays (LON:BARC – Get Free Report) last announced its earnings results on Tuesday, December 16th. The financial services provider reported GBX 24.70 earnings per share (EPS) for the quarter. Barclays had a return on equity of 6.97% and a net margin of 19.54%. Research analysts forecast that Barclays will post 39.1062802 earnings per share for the current fiscal year.

Barclays Company Profile

(Get Free Report)

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.

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