Barclays PLC (BARC) Upgraded at Berenberg Bank

Berenberg Bank upgraded shares of Barclays PLC (LON:BARC) to a hold rating in a report published on Friday. The firm currently has GBX 200 ($2.66) price target on the financial services provider’s stock.

A number of other equities analysts have also weighed in on BARC. Goldman Sachs Group, Inc. (The) lifted their price target on shares of Barclays PLC to GBX 180 ($2.39) and gave the company a sell rating in a report on Thursday, June 22nd. J P Morgan Chase & Co set a GBX 240 ($3.19) price target on shares of Barclays PLC and gave the company a buy rating in a report on Monday, June 26th. UBS AG set a GBX 235 ($3.12) price target on shares of Barclays PLC and gave the company a buy rating in a report on Wednesday, June 28th. Credit Suisse Group reiterated an outperform rating and issued a GBX 250 ($3.32) price target on shares of Barclays PLC in a report on Friday, June 30th. Finally, Deutsche Bank AG reiterated a buy rating and issued a GBX 234 ($3.11) price target on shares of Barclays PLC in a report on Wednesday, July 5th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the company’s stock. Barclays PLC has a consensus rating of Hold and an average price target of GBX 223.17 ($2.97).

Barclays PLC (LON:BARC) opened at 194.50 on Friday. Barclays PLC has a 1-year low of GBX 175.46 and a 1-year high of GBX 267.32. The firm’s 50-day moving average price is GBX 190.14 and its 200-day moving average price is GBX 202.97. The firm’s market capitalization is GBX 33.17 billion.

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In other Barclays PLC news, insider Tim J. Breedon acquired 3,224 shares of the stock in a transaction that occurred on Monday, July 31st. The stock was acquired at an average price of GBX 202 ($2.68) per share, with a total value of £6,512.48 ($8,653.31). Also, insider Tristram Roberts acquired 74,869 shares of the stock in a transaction that occurred on Friday, September 29th. The shares were acquired at an average cost of GBX 192 ($2.55) per share, with a total value of £143,748.48 ($191,002.50). Insiders bought a total of 88,093 shares of company stock valued at $16,946,096 in the last three months.

Barclays PLC Company Profile

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