Barclays PLC (LON:BARC) Given Consensus Recommendation of “Hold” by Brokerages
Barclays PLC (LON:BARC) has been assigned a consensus rating of “Hold” from the eighteen brokerages that are covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 231 ($2.99).
BARC has been the subject of several analyst reports. Macquarie reiterated an “underperform” rating and issued a GBX 180 ($2.33) price objective on shares of Barclays PLC in a research note on Wednesday, July 5th. Credit Suisse Group reissued an “outperform” rating and issued a GBX 250 ($3.24) target price on shares of Barclays PLC in a report on Thursday. Jefferies Group LLC reissued a “hold” rating and issued a GBX 232 ($3.01) target price on shares of Barclays PLC in a report on Monday, June 12th. Goldman Sachs Group, Inc. (The) set a GBX 250 ($3.24) target price on shares of Barclays PLC and gave the company a “neutral” rating in a report on Monday, April 3rd. Finally, Deutsche Bank AG reissued a “buy” rating and issued a GBX 234 ($3.03) target price on shares of Barclays PLC in a report on Wednesday, July 5th.
COPYRIGHT VIOLATION NOTICE: This report was first published by American Banking News and is the property of of American Banking News. If you are accessing this report on another site, it was illegally copied and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be read at https://www.americanbankingnews.com/2017/07/10/barclays-plc-lonbarc-given-consensus-recommendation-of-hold-by-brokerages.html.
Shares of Barclays PLC (LON:BARC) opened at 207.00 on Monday. The company has a 50 day moving average of GBX 207.32 and a 200 day moving average of GBX 220.53. Barclays PLC has a 1-year low of GBX 131.71 and a 1-year high of GBX 267.32. The firm’s market cap is GBX 35.03 billion.
In other news, insider Ian Cheshire acquired 50,000 shares of the business’s stock in a transaction dated Tuesday, May 2nd. The shares were acquired at an average cost of GBX 210 ($2.72) per share, with a total value of £105,000 ($136,010.36).
Barclays PLC Company Profile
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.