Barclays PLC (BARC) Given Outperform Rating at Credit Suisse Group

Credit Suisse Group reaffirmed their outperform rating on shares of Barclays PLC (LON:BARC) in a research note issued to investors on Thursday. The brokerage currently has a GBX 230 ($3.03) price objective on the financial services provider’s stock.

Several other brokerages have also issued reports on BARC. Shore Capital reaffirmed a buy rating on shares of Barclays PLC in a research note on Friday, July 28th. Goldman Sachs Group, Inc. (The) set a GBX 180 ($2.37) target price on Barclays PLC and gave the stock a sell rating in a research note on Friday, October 27th. BNP Paribas reaffirmed an outperform rating and issued a GBX 240 ($3.16) target price on shares of Barclays PLC in a research note on Wednesday, July 19th. UBS AG set a GBX 235 ($3.09) target price on Barclays PLC and gave the stock a buy rating in a research note on Friday, August 18th. Finally, reaffirmed a buy rating and issued a GBX 240 ($3.16) target price on shares of Barclays PLC in a research note on Wednesday, November 8th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 217.12 ($2.86).



Shares of Barclays PLC (BARC) opened at GBX 187.15 ($2.46) on Thursday. Barclays PLC has a 52 week low of GBX 177.30 ($2.33) and a 52 week high of GBX 267.32 ($3.52).

TRADEMARK VIOLATION WARNING: “Barclays PLC (BARC) Given Outperform Rating at Credit Suisse Group” was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this story on another site, it was stolen and reposted in violation of United States & international copyright and trademark legislation. The legal version of this story can be viewed at https://www.dispatchtribunal.com/2017/11/20/barclays-plc-barc-given-outperform-rating-at-credit-suisse-group.html.

In related news, insider Tristram Roberts purchased 74,869 shares of Barclays PLC stock in a transaction dated Friday, September 29th. The stock was purchased at an average cost of GBX 192 ($2.53) per share, for a total transaction of £143,748.48 ($189,068.10). Also, insider Ian Cheshire purchased 30,000 shares of Barclays PLC stock in a transaction dated Friday, October 27th. The shares were bought at an average price of GBX 183 ($2.41) per share, with a total value of £54,900 ($72,208.34). In the last quarter, insiders acquired 114,869 shares of company stock valued at $21,784,848.

Barclays PLC Company Profile

Analyst Recommendations for Barclays PLC (LON:BARC)

Receive News & Ratings for Barclays PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply