Barclays PLC 17.9% potential upside indicated by RBC Capital Markets

Barclays PLC with ticker (LON:BARC) now has a potential upside of 17.9% according to RBC Capital Markets.

BARC.L

RBC Capital Markets set a target price of 250 GBX for the company, which when compared to the Barclays PLC share price of 212 GBX at opening today (01/07/2024) indicates a potential upside of 17.9%. Trading has ranged between 128 (52 week low) and 224 (52 week high) with an average of 65,618,909 shares exchanging hands daily. The market capitalisation at the time of writing is £31,584,511,838.

Barclays PLC is a diversified bank with five divisions comprising Barclays UK, Barclays UK Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank and Barclays US Consumer Bank. The Barclays UK division represents businesses that sit within the United Kingdom ring-fenced bank, Barclays Bank UK PLC and its subsidiaries, and comprises Personal Banking, Business Banking and Barclaycard Consumer UK. The Barclays UK Corporate Bank division offers lending, trade and working capital, liquidity, payments, and FX solutions for corporate clients. Barclays Private Bank and Wealth Management division comprises the Private Bank, Wealth Management, and Investments businesses. Barclays Investment Bank division incorporates the Global Markets, Investment Banking, and International Corporate Banking businesses. Barclays US Consumer Bank division represents the United States credit card business, focused in the partnership market, as well as an online deposit franchise.