Barclays PLC (BARC) Given Consensus Recommendation of “Hold” by Analysts
Shares of Barclays PLC (LON:BARC) have been given a consensus recommendation of “Hold” by the twenty research firms that are presently covering the stock. Five analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and nine have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 218.72 ($2.82).
Several research firms recently weighed in on BARC. Deutsche Bank AG set a GBX 267 ($3.45) price target on Barclays PLC and gave the company a “buy” rating in a research report on Monday, April 10th. Royal Bank of Canada reissued a “sector perform” rating and set a GBX 220 ($2.84) price target on shares of Barclays PLC in a research report on Thursday, February 23rd. Shore Capital reissued a “hold” rating and set a GBX 235 ($3.03) price target on shares of Barclays PLC in a research report on Thursday, February 23rd. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 260 ($3.36) price target on shares of Barclays PLC in a research report on Tuesday, March 28th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 215 ($2.78) price target on shares of Barclays PLC in a research report on Friday, February 24th.
Barclays PLC (LON:BARC) traded up 0.24% during mid-day trading on Friday, reaching GBX 212.75. The company had a trading volume of 32,190,413 shares. Barclays PLC has a 12 month low of GBX 121.10 and a 12 month high of GBX 267.32. The firm’s market capitalization is GBX 53.84 billion. The stock’s 50-day moving average is GBX 213.94 and its 200 day moving average is GBX 220.88.
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In related news, insider Ian Cheshire bought 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 2nd. The stock was acquired at an average price of GBX 210 ($2.71) per share, for a total transaction of £105,000 ($135,536.34).
Barclays PLC Company Profile
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