Royal Bank of Canada reiterated their sector performer rating on shares of Barclays (LON:BARC) in a research note released on Thursday, MarketBeat.com reports. Royal Bank of Canada currently has a GBX 220 ($2.87) target price on the financial services provider’s stock.
Several other brokerages also recently issued reports on BARC. Goldman Sachs Group set a GBX 215 ($2.81) price target on shares of Barclays and gave the company a neutral rating in a report on Wednesday, August 8th. UBS Group set a GBX 235 ($3.07) price target on shares of Barclays and gave the company a buy rating in a report on Thursday, October 4th. Deutsche Bank set a GBX 240 ($3.14) price target on shares of Barclays and gave the company a buy rating in a report on Friday, October 12th. Cfra set a GBX 220 ($2.87) price target on shares of Barclays and gave the company a buy rating in a report on Wednesday, October 24th. Finally, HSBC reissued a buy rating and set a GBX 270 ($3.53) price target on shares of Barclays in a report on Tuesday, October 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of GBX 225 ($2.94).
BARC stock traded up GBX 2.74 ($0.04) during trading on Thursday, hitting GBX 156.06 ($2.04). 24,978,496 shares of the stock traded hands, compared to its average volume of 50,310,000. Barclays has a one year low of GBX 177.30 ($2.32) and a one year high of GBX 235.35 ($3.08).
In related news, insider James E. Staley acquired 168,860 shares of the stock in a transaction on Friday, September 28th. The stock was purchased at an average price of GBX 174 ($2.27) per share, for a total transaction of £293,816.40 ($383,923.17). Also, insider Mary Anne Citrino acquired 2,000 shares of the stock in a transaction on Tuesday, September 11th. The stock was bought at an average price of GBX 176 ($2.30) per share, with a total value of £3,520 ($4,599.50).
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.
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