Analysts Set Barclays PLC (BARC) PT at $219.69

Barclays PLC (LON:BARC) has been given a consensus rating of “Hold” by the twenty ratings firms that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and twelve have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 219.69 ($2.96).

A number of brokerages recently issued reports on BARC. UBS set a GBX 235 ($3.16) price objective on Barclays and gave the stock a “buy” rating in a research report on Monday, September 25th. Goldman Sachs Group reiterated a “sell” rating on shares of Barclays in a research report on Sunday, September 24th. reiterated a “buy” rating and issued a GBX 250 ($3.36) price objective on shares of Barclays in a research report on Monday, September 18th. Shore Capital reiterated a “buy” rating on shares of Barclays in a research report on Thursday, October 26th. Finally, HSBC reiterated a “buy” rating and issued a GBX 240 ($3.23) price objective on shares of Barclays in a research report on Wednesday, November 29th.

Barclays (LON:BARC) traded up GBX 4.93 ($0.07) during trading on Thursday, hitting GBX 196.40 ($2.64). The stock had a trading volume of 59,495,467 shares, compared to its average volume of 55,400,000. Barclays has a 52-week low of GBX 177.30 ($2.39) and a 52-week high of GBX 244.40 ($3.29).

In related news, insider Tristram Roberts acquired 74,869 shares of Barclays stock in a transaction dated Friday, September 29th. The shares were purchased at an average cost of GBX 192 ($2.58) per share, with a total value of £143,748.48 ($193,470.36). Also, insider Matthew Lester bought 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The stock was acquired at an average cost of GBX 192 ($2.58) per share, for a total transaction of £19,200 ($25,841.18). Insiders have bought 114,869 shares of company stock worth $21,784,848 over the last ninety days.

COPYRIGHT VIOLATION WARNING: This report was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another publication, it was illegally copied and reposted in violation of United States and international copyright laws. The original version of this report can be viewed at https://ledgergazette.com/2017/12/11/analysts-set-barclays-plc-barc-pt-at-219-69.html.

About Barclays

Analyst Recommendations for Barclays (LON:BARC)

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.

Leave a Reply