Barclays PLC (LON:BARC) has received an average rating of “Buy” from the twenty research firms that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 220.63 ($2.95).
A number of research firms have commented on BARC. Royal Bank of Canada set a GBX 215 ($2.87) target price on Barclays and gave the company a “neutral” rating in a report on Monday, December 18th. Morgan Stanley set a GBX 230 ($3.08) target price on Barclays and gave the company a “buy” rating in a report on Wednesday, December 13th. Shore Capital reissued a “buy” rating on shares of Barclays in a report on Thursday, October 26th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 240 ($3.21) target price on shares of Barclays in a report on Thursday, October 26th. Finally, reduced their target price on Barclays from GBX 250 ($3.34) to GBX 240 ($3.21) and set a “buy” rating for the company in a report on Monday, October 23rd.
Shares of Barclays (LON BARC) opened at GBX 203.10 ($2.72) on Monday. Barclays has a fifty-two week low of GBX 177.30 ($2.37) and a fifty-two week high of GBX 244.40 ($3.27). The company has a market capitalization of $34,550.00 and a price-to-earnings ratio of 1,846.36.
In other news, insider Ian Cheshire purchased 30,000 shares of the business’s stock in a transaction dated Friday, October 27th. The stock was acquired at an average price of GBX 183 ($2.45) per share, with a total value of £54,900 ($73,405.54).
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Barclays Company Profile
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