Barclays PLC (LON:BARC) “Buy” Rating Reaffirmed Today By Deutsche Bank; The TP Given is GBX 303.00

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Barclays PLC (LON:BARC) Rating Reaffirmed

Barclays PLC (LON:BARC) just had their share rating of a ‘”Buy”‘ issued by research analysts at Deutsche Bank, who now has a GBX 303.00 target price per share on the 36.09 billion GBP market cap company or a 40.26% upside potential. This key information was revealed to clients and investors in an analyst research report on Thursday, 17 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 294 with a 35.01% above today’s (GBX 215.75) stock price. Barclays PLC was the topic of 96 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 15 with “Market Perform” rating. Investec maintained shares with “Buy” rating and GBX 270 target share price in a report from a December 4. Mediobanca maintained BARC stock in a recent report from December 8 with “Neutral” rating. Deutsche Bank maintained the rating on December 2. Deutsche Bank has a “Buy” rating and a GBX 303 price target on shares. Finally, Berenberg maintained the stock with “Sell” rating in a report issued on a December 7.

The stock closed the day at GBX 215.75 during the previous session. It is down 20.55% since May 20, 2015 and is downtrending. It has underperformed by 18.28% the S&P500.

Barclays PLC (LON:BARC)

Barclays PLC is a global financial services holding company. The company has a market cap of 36.09 billion GBP. The Firm operates in five business divisions: Personal and Corporate Banking (PCB), Barclaycard, Africa Banking, Investment Bank and Head Office. It has 123.92 P/E ratio. Barclays Bank PLC is a wholly owned subsidiary of Barclays.

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