Shares of Barclays PLC (LON:BARC) have been given an average recommendation of “Hold” by the nineteen ratings firms that are covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 231.24 ($3.02).
A number of research firms have weighed in on BARC. BNP Paribas upgraded Barclays PLC to an “outperform” rating and set a GBX 290 ($3.79) price target on the stock in a research report on Friday, March 24th. Jefferies Group LLC raised their price objective on Barclays PLC from GBX 222 ($2.90) to GBX 232 ($3.03) and gave the company a “hold” rating in a research note on Tuesday, March 28th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 260 ($3.40) price objective on shares of Barclays PLC in a research note on Tuesday, March 28th. Citigroup Inc. set a GBX 190 ($2.48) target price on Barclays PLC and gave the stock a “sell” rating in a research note on Tuesday, March 28th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 225 ($2.94) target price on shares of Barclays PLC in a research note on Thursday, March 30th.
Shares of Barclays PLC (LON:BARC) opened at 207.80 on Tuesday. Barclays PLC has a 12 month low of GBX 145.25 and a 12 month high of GBX 267.32. The firm has a 50-day moving average price of GBX 207.32 and a 200-day moving average price of GBX 220.53. The company’s market capitalization is GBX 35.17 billion.
In other news, insider Ian Cheshire purchased 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 2nd. The shares were bought at an average price of GBX 210 ($2.74) per share, for a total transaction of £105,000 ($137,111.52).
Barclays PLC Company Profile
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