Credit Suisse Group set a GBX 155 ($2.03) price target on Barclays PLC (BARC.L) (LON:BARC) in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the financial services provider’s stock.
Several other research firms have also commented on BARC. Jefferies Financial Group reaffirmed a buy rating and set a GBX 227 ($2.97) target price on shares of Barclays PLC (BARC.L) in a report on Tuesday, December 1st. UBS Group set a GBX 140 ($1.83) price target on Barclays PLC (BARC.L) and gave the stock a buy rating in a research note on Friday, November 20th. Shore Capital reissued a buy rating on shares of Barclays PLC (BARC.L) in a report on Wednesday, November 11th. Berenberg Bank reaffirmed a buy rating and issued a GBX 160 ($2.09) target price on shares of Barclays PLC (BARC.L) in a report on Monday, October 26th. Finally, Citigroup reaffirmed a neutral rating on shares of Barclays PLC (BARC.L) in a report on Monday, October 12th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of Buy and an average price target of GBX 161.21 ($2.11).
LON BARC opened at GBX 152.92 ($2.00) on Thursday. The company’s 50 day simple moving average is GBX 144.97 and its two-hundred day simple moving average is GBX 118.08. The stock has a market capitalization of £26.55 billion and a PE ratio of 13.53. Barclays PLC has a 1 year low of GBX 73.04 ($0.95) and a 1 year high of GBX 184.80 ($2.41).
In other Barclays PLC (BARC.L) news, insider James E. Staley sold 97,131 shares of the firm’s stock in a transaction dated Monday, December 14th. The stock was sold at an average price of GBX 142 ($1.86), for a total transaction of £137,926.02 ($180,201.23).
Barclays PLC (BARC.L) 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, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
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