Barclays PLC (LON:BARC) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Barclays PLC (LON:BARC) have been given a consensus rating of “Moderate Buy” by the seven analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 545.

A number of equities analysts have commented on the stock. Shore Capital Group reiterated a “buy” rating on shares of Barclays in a report on Tuesday, April 28th. Jefferies Financial Group raised their price target on shares of Barclays from GBX 570 to GBX 590 and gave the company a “buy” rating in a report on Wednesday, May 6th. Royal Bank Of Canada raised shares of Barclays to an “outperform” rating and lifted their price objective for the stock from GBX 550 to GBX 575 in a research report on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price objective on shares of Barclays from GBX 590 to GBX 600 and gave the stock an “overweight” rating in a research note on Friday, June 12th. Finally, Citigroup raised their target price on shares of Barclays from GBX 425 to GBX 450 and gave the company a “neutral” rating in a research note on Thursday, April 23rd.

Trending Headlines about Barclays

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: Barclays shares moved above the 200-day moving average, a technical signal that can attract momentum buyers and suggest improving market sentiment. Barclays (LON:BARC) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened
• Positive Sentiment: Barclays also appeared in analyst roundup coverage, reinforcing that the stock still has institutional support and remains on investors’ radar for favorable call activity. Alphabet To Rally Around 39%? Here Are 10 Top Analyst Forecasts For Thursday
• Neutral Sentiment: Barclays was cited in multiple market stories about former CEO Jes Staley’s testimony and ties to Jeffrey Epstein. The issue is headline risk rather than a direct financial impact, but it can pressure sentiment around the bank. US senator accuses Barclays of ‘failure’ to investigate ex-CEO’s ties to Epstein
• Negative Sentiment: The Epstein-related congressional scrutiny adds reputational uncertainty, which may weigh on Barclays stock if investors worry about distraction, governance concerns, or further negative press. Former Barclays CEO Jes Staley faces US congressional panel over Epstein ties

Barclays Trading Up 0.4%

BARC opened at GBX 521.56 on Friday. The firm has a market cap of £70.34 billion, a price-to-earnings ratio of 12.02, a PEG ratio of 1.15 and a beta of 0.88. Barclays has a 12 month low of GBX 352.65 and a 12 month high of GBX 531.30. The stock has a fifty day moving average price of GBX 487.65 and a 200-day moving average price of GBX 458.70.

Barclays (LON:BARC) last issued its quarterly earnings data on Tuesday, April 28th. The financial services provider reported GBX 14.10 earnings per share for the quarter. Barclays had a return on equity of 9.46% and a net margin of 17.81%.The firm had revenue of GBX 816.30 billion during the quarter. On average, equities research analysts forecast that Barclays will post 39.1062802 EPS for the current year.

Barclays Company Profile

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. In addition, the company engages in securities dealing activities. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985.