Shares of Barclays PLC (LON:BARC) traded up 0% on Monday . The company traded as high as GBX 195.45 ($2.63) and last traded at GBX 194.25 ($2.61). 48,619,346 shares traded hands during trading, a decline of 18% from the average session volume of 59,330,000 shares. The stock had previously closed at GBX 194.25 ($2.61).
A number of analysts have weighed in on the stock. Citigroup reaffirmed a “sell” rating on shares of Barclays in a research note on Wednesday. UBS set a GBX 235 ($3.16) price objective on shares of Barclays and gave the stock a “buy” rating in a research note on Monday, September 25th. Goldman Sachs Group reissued a “sell” rating on shares of Barclays in a research note on Sunday, September 24th. reissued a “buy” rating and issued a GBX 250 ($3.36) price objective on shares of Barclays in a research note on Monday, September 18th. Finally, Shore Capital reissued a “buy” rating on shares of Barclays in a research note on Thursday, October 26th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 218.47 ($2.94).
In other Barclays news, insider Ian Cheshire acquired 30,000 shares of the business’s stock in a transaction that occurred on Friday, October 27th. The stock was bought at an average cost of GBX 183 ($2.46) per share, with a total value of £54,900 ($73,889.64). Also, insider Tristram Roberts acquired 74,869 shares of the business’s stock in a transaction that occurred on Friday, September 29th. The stock was acquired at an average cost of GBX 192 ($2.58) per share, with a total value of £143,748.48 ($193,470.36). Over the last ninety days, insiders purchased 114,869 shares of company stock valued at $21,784,848.
ILLEGAL ACTIVITY WARNING: “Barclays (BARC) Trading 0% Higher” was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this article on another site, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The correct version of this article can be viewed at https://ledgergazette.com/2017/12/06/barclays-barc-trading-0-higher.html.
Barclays Company Profile
Receive News & Ratings for Barclays PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays PLC and related companies with MarketBeat.com's FREE daily email newsletter.