London: Barclays (LON:BARC) Stock Has Just Had Its Neutral Rating Reiterated by Mediobanca SpA. Shares now Have a GBX 280 Target

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Barclays (LON:BARC) Rating Reaffirmed

Analysts at Mediobanca SpA now has a GBX 280 target price on Barclays (LON:BARC). Mediobanca SpA and their recent target price means a potential upside of 24.86% from the company’s current stock price. The rating has been revealed in an analyst note on Tuesday, 8 December.

From a total of 23 analysts covering Barclays PLC (LON:BARC) stock, 18 rate it a ”Buy”, 2 a “Sell”, and 5 a ”Hold”. This means that 72% of the ratings are positive. The highest target price is GBX 357 while the lowest target price is GBX 200. The mean of all analyst targets is GBX 295.09 with a 30.24% above today’s (GBX 223.65) stock price. Barclays PLC was the topic of 93 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. J.P. Morgan maintained shares on December 7 with “Overweight” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 303 target share price in a report from a December 2. Deutsche Bank maintained BARC stock in a recent report from December 7 with “Buy” rating. Societe Generale maintained the rating on December 1. Societe Generale has a “Buy” rating and a GBX 305 price target on shares. Finally, Investec maintained the stock with “Buy” rating in a report issued on a December 4.

Approximately 8.40M shares of stock traded hands. Barclays PLC (LON:BARC) has declined 12.58% since May 11, 2015 and is downtrending. It has underperformed by 11.98% the S&P500.

London: Barclays (LON:BARC) Stock Has Just Had Its Neutral Rating Reiterated by Mediobanca SpA. Shares now Have a GBX 280 Target

Barclays PLC is a global financial services holding company. The company has a market cap of 37.83 billion GBP. The Firm operates in five business divisions: Personal and Corporate Banking (PCB), Barclaycard, Africa Banking, Investment Bank and Head Office. It has 128.46 P/E ratio. Barclays Bank PLC is a wholly owned subsidiary of Barclays.

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