Barclays PLC’s (LON:BARC) Outperform Rating Reaffirmed at Credit Suisse Group

Credit Suisse Group restated their outperform rating on shares of Barclays PLC (LON:BARC) in a research note published on Tuesday, October 24th, Marketbeat reports. The firm currently has a GBX 230 ($3.03) price target on the financial services provider’s stock.

Several other brokerages have also weighed in on BARC. UBS AG set a GBX 235 ($3.09) target price on shares of Barclays PLC and gave the stock a buy rating in a research note on Wednesday, June 28th. Citigroup Inc. reduced their price target on shares of Barclays PLC from GBX 180 ($2.37) to GBX 160 ($2.10) and set a neutral rating on the stock in a research report on Thursday, July 20th. HSBC Holdings plc reissued a buy rating and set a GBX 250 ($3.29) price target on shares of Barclays PLC in a research report on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) set a GBX 180 ($2.37) price target on shares of Barclays PLC and gave the company a sell rating in a research note on Monday, July 31st. Finally, J P Morgan Chase & Co reiterated an overweight rating and issued a GBX 240 ($3.16) price target on shares of Barclays PLC in a research note on Friday, September 15th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 217.12 ($2.86).

Barclays PLC (LON:BARC) opened at GBX 179.15 ($2.36) on Tuesday. Barclays PLC has a 12-month low of GBX 178.40 ($2.35) and a 12-month high of GBX 267.32 ($3.52).

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In other Barclays PLC news, insider Matthew Lester acquired 10,000 shares of Barclays PLC stock in a transaction that occurred on Wednesday, September 13th. The stock was purchased at an average cost of GBX 192 ($2.53) per share, with a total value of £19,200 ($25,253.19). Also, insider Tristram Roberts acquired 74,869 shares of Barclays PLC stock in a transaction that occurred on Friday, September 29th. The stock was acquired at an average cost of GBX 192 ($2.53) per share, with a total value of £143,748.48 ($189,068.10). Over the last ninety days, insiders have bought 114,869 shares of company stock valued at $21,784,848.

About Barclays PLC

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