Several other equities research analysts have also commented on BARC. Royal Bank of Canada set a GBX 200 ($2.76) price objective on shares of Barclays and gave the stock a neutral rating in a research report on Thursday, November 9th. UBS Group set a GBX 220 ($3.04) price objective on shares of Barclays and gave the stock a buy rating in a research report on Tuesday, November 14th. Credit Suisse Group reiterated an outperform rating and issued a GBX 230 ($3.18) price objective on shares of Barclays in a research report on Thursday, November 16th. Goldman Sachs Group set a GBX 170 ($2.35) price objective on shares of Barclays and gave the stock a sell rating in a research report on Monday, November 20th. Finally, Bank of America upgraded shares of Barclays to a buy rating and boosted their price objective for the stock from GBX 180 ($2.49) to GBX 220 ($3.04) in a research report on Monday, November 20th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of GBX 226.11 ($3.12).
Barclays (LON:BARC) traded down GBX 1.55 ($0.02) during trading on Friday, hitting GBX 210.75 ($2.91). 40,946,591 shares of the company traded hands, compared to its average volume of 48,390,000. Barclays has a 1-year low of GBX 177.30 ($2.45) and a 1-year high of GBX 235.35 ($3.25). The stock has a market cap of $36,080.00 and a price-to-earnings ratio of 2,107.50.
The company also recently announced a dividend, which will be paid on Thursday, April 5th. Investors of record on Thursday, March 1st will be paid a GBX 2 ($0.03) dividend. This is an increase from Barclays’s previous dividend of $1.00. The ex-dividend date is Thursday, March 1st. This represents a yield of 0.95%.
In related news, insider Mike Turner acquired 10,000 shares of the company’s stock in a transaction dated Friday, February 23rd. The stock was bought at an average price of GBX 210 ($2.90) per share, with a total value of £21,000 ($29,013.54).
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Barclays PLC, is a global financial services holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International. The Barclays UK segment includes the local consumer, small business, the United Kingdom wealth and credit cards business.
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