Other equities analysts also recently issued research reports about the stock. Citigroup reissued a sell rating on shares of Barclays in a research note on Monday, February 12th. Cfra set a GBX 270 ($3.82) price target on shares of Barclays and gave the stock a buy rating in a research note on Thursday, February 22nd. Deutsche Bank reaffirmed a buy rating and set a GBX 250 ($3.53) price target (up previously from GBX 234 ($3.31)) on shares of Barclays in a research note on Friday, March 9th. Investec downgraded shares of Barclays to a hold rating and lifted their price target for the stock from GBX 215 ($3.04) to GBX 225 ($3.18) in a research note on Tuesday, March 20th. Finally, Morgan Stanley reaffirmed an equal weight rating and set a GBX 225 ($3.18) price target on shares of Barclays in a research note on Tuesday, April 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the stock. Barclays has a consensus rating of Buy and an average price target of GBX 226.95 ($3.21).
Shares of BARC stock opened at GBX 213.35 ($3.02) on Monday. Barclays has a 52 week low of GBX 177.30 ($2.51) and a 52 week high of GBX 235.35 ($3.33).
The business also recently declared a dividend, which was paid on Thursday, April 5th. Stockholders of record on Thursday, March 1st were paid a GBX 2 ($0.03) dividend. This is a positive change from Barclays’s previous dividend of $1.00. This represents a dividend yield of 0.95%. The ex-dividend date of this dividend was Thursday, March 1st.
In related news, insider Mike Turner purchased 10,000 shares of Barclays stock in a transaction dated Friday, February 23rd. The stock was bought at an average cost of GBX 210 ($2.97) per share, with a total value of £21,000 ($29,681.98).
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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 personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.
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