Barclays PLC (LON:BARC) “Buy” Rating Has Been Reiterated Today By Deutsche Bank; The Target Price per Share is GBX 303.00

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Barclays PLC (LON:BARC) Rating Reaffirmed

In an interesting research report sent to clients and investors on Monday, 21 December, The “Buy” rating of Barclays PLC (LON:BARC) shares was reaffirmed by Analysts at Deutsche Bank, who now has a GBX 303.00 target PPS on the stock. Deutsche Bank’s target PPS may imply a possible upside of 34.07% from the last stock close of the company.

From a total of 23 analysts covering Barclays PLC (LON:BARC) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN 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 34.38% above today’s (GBX 216.76) stock price. Barclays PLC was the topic of 97 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 17 with “Buy” rating. Berenberg maintained shares with “Sell” rating and GBX 200 target share price in a report from a December 7. Nomura maintained BARC stock in a recent report from December 9 with “Buy” rating. Investec maintained the rating on December 4. Investec has a “Buy” rating and a GBX 270 price target on shares. Finally, J.P. Morgan maintained the stock with “Overweight” rating in a report issued on a December 7.

Approximately 237,511 shares of stock traded hands. Barclays PLC (LON:BARC) has declined 19.45% since May 22, 2015 and is downtrending. It has underperformed by 13.64% the S&P500.

Barclays PLC (LON:BARC)

Barclays PLC is a global financial services holding company. The company has a market cap of 36.42 billion GBP. The Firm operates in five business divisions: Personal and Corporate Banking (PCB), Barclaycard, Africa Banking, Investment Bank and Head Office. It has 124.5 P/E ratio. Barclays Bank PLC is a wholly owned subsidiary of Barclays.

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