Barclays PLC (LON:BARC) announced a dividend on Thursday, February 13th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, February 27th will be given a dividend of GBX 6 ($0.08) per share by the financial services provider on Friday, April 3rd. This represents a dividend yield of 3.35%. The ex-dividend date is Thursday, February 27th. This is a positive change from Barclays’s previous dividend of $3.00. The official announcement can be accessed at this link.
Shares of Barclays stock opened at GBX 175.58 ($2.31) on Friday. The firm has a market capitalization of $30.21 billion and a PE ratio of 17.38. Barclays has a twelve month low of GBX 131.04 ($1.72) and a twelve month high of GBX 192.99 ($2.54). The firm’s 50-day moving average price is GBX 177.11 and its 200 day moving average price is GBX 163.27.
BARC has been the topic of a number of research reports. Credit Suisse Group initiated coverage on shares of Barclays in a research note on Tuesday. They issued a “neutral” rating and a GBX 185 ($2.43) price target on the stock. Goldman Sachs Group set a GBX 240 ($3.16) price target on shares of Barclays and gave the company a “neutral” rating in a research note on Thursday. JPMorgan Chase & Co. set a GBX 220 ($2.89) price target on shares of Barclays and gave the company a “buy” rating in a research note on Thursday. Morgan Stanley reaffirmed an “equal weight” rating on shares of Barclays in a research note on Tuesday, November 19th. Finally, Deutsche Bank reaffirmed a “buy” rating on shares of Barclays in a research note on Friday. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. Barclays has an average rating of “Buy” and an average target price of GBX 215 ($2.83).
Barclays Company Profile
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, including retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
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