Barclays PLC 59.0% potential upside indicated by Berenberg Bank

Barclays PLC with ticker (LON:BARC) now has a potential upside of 59.0% according to Berenberg Bank.



Berenberg Bank set a target price of 240 GBX for the company, which when compared to the Barclays PLC share price of 151 GBX at opening today (31/01/2024) indicates a potential upside of 59.0%. Trading has ranged between 128 (52 week low) and 199 (52 week high) with an average of 49,965,928 shares exchanging hands daily. The market capitalisation at the time of writing is £22,725,764,197.

Barclays PLC is a United Kingdom-based universal bank. The Company supports individuals and small businesses through its consumer banking services, and larger businesses and institutions through its corporate and investment banking services. Its operations include consumer banking and payment services around the United Kingdom, United States and Europe, as well as a global corporate and investment bank. Its divisions include Barclays UK and Barclays International. Barclays UK division includes UK Personal Banking, UK Business Banking and Barclaycard Consumer UK businesses, which are carried on by its UK ring-fenced bank Barclays Bank UK PLC and other entities within the Company. Barclays International division includes corporate and investment bank and consumer, cards and payments businesses, which are operated within its non-ring-fenced bank Barclays Bank PLC and other entities within the Company. Its divisions are supported by its subsidiary, Barclays Execution Services Limited.