Barclays PLC (LON:BARC) Receives Buy Rating from Societe Generale

Barclays PLC (LON:BARC)‘s stock had its “buy” rating reaffirmed by stock analysts at Societe Generale in a note issued to investors on Monday, September 11th.

BARC has been the subject of several other reports. Goldman Sachs Group, Inc. (The) upped their price objective on Barclays PLC to GBX 180 ($2.43) and gave the company a “sell” rating in a research note on Thursday, June 22nd. HSBC Holdings plc set a GBX 250 ($3.37) price objective on Barclays PLC and gave the company a “buy” rating in a research note on Friday, August 11th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 225 ($3.03) price objective on shares of Barclays PLC in a research note on Tuesday, May 23rd. UBS AG set a GBX 235 ($3.17) price objective on Barclays PLC and gave the company a “buy” rating in a research note on Wednesday, June 7th. Finally, Morgan Stanley set a GBX 250 ($3.37) target price on Barclays PLC and gave the stock a “buy” rating in a research report on Tuesday, June 13th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 226.56 ($3.05).

Barclays PLC (LON:BARC) opened at 190.40 on Monday. The stock has a 50 day moving average of GBX 195.88 and a 200 day moving average of GBX 208.63. The company’s market cap is GBX 32.47 billion. Barclays PLC has a one year low of GBX 155.95 and a one year high of GBX 267.32.

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In other Barclays PLC news, insider Tim J. Breedon bought 3,224 shares of the stock in a transaction dated Monday, July 31st. The stock was bought at an average cost of GBX 202 ($2.72) per share, for a total transaction of £6,512.48 ($8,780.48). Also, insider Matthew Lester bought 10,000 shares of the stock in a transaction dated Wednesday, September 13th. The shares were acquired at an average price of GBX 192 ($2.59) per share, with a total value of £19,200 ($25,886.48).

About Barclays PLC

Analyst Recommendations for Barclays PLC (LON:BARC)

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