Barclays PLC 33.2% potential upside indicated by Berenberg Bank

Barclays PLC with ticker (LON:BARC) now has a potential upside of 33.2% according to Berenberg Bank.



Berenberg Bank set a target price of 260 GBX for the company, which when compared to the Barclays PLC share price of 174 GBX at opening today (23/03/2022) indicates a potential upside of 33.2%. Trading has ranged between 142 (52 week low) and 220 (52 week high) with an average of 62,457,574 shares exchanging hands daily. The market capitalisation at the time of writing is £28,834,743,514.

Barclays PLC is a holding company. The Company is a financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company operates as two business divisions, which includes the Barclays UK division (Barclays UK) and the Barclays International division (Barclays International), supported by its service company, Barclays Execution Services. Barclays UK consists of its United Kingdom (UK) Personal Banking, UK Business Banking and Barclaycard Consumer UK businesses. Barclays International consists of its Corporate and Investment Bank and Consumer, Cards and Payments businesses. It also offers multiple consumer products in Germany, including credit cards, online loans, instalment purchase financing, electronic point of sale (ePOS) financing and deposits. Barclays Execution Services is the service company providing technology, operations and functional services to businesses.