Barclays PLC (LON:BARC)‘s stock had its “sell” rating reissued by equities researchers at Citigroup Inc. in a research note issued on Friday.

A number of other equities research analysts have also weighed in on BARC. BNP Paribas raised shares of Barclays PLC to an “outperform” rating and set a GBX 290 ($3.79) target price on the stock in a report on Friday, March 24th. Jefferies Group LLC boosted their target price on shares of Barclays PLC from GBX 222 ($2.90) to GBX 232 ($3.03) and gave the stock a “hold” rating in a report on Tuesday, March 28th. Credit Suisse Group reissued an “outperform” rating and set a GBX 260 ($3.40) target price on shares of Barclays PLC in a report on Tuesday, March 28th. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 225 ($2.94) target price on shares of Barclays PLC in a report on Thursday, March 30th. Finally, Goldman Sachs Group, Inc. (The) set a GBX 250 ($3.26) target price on shares of Barclays PLC and gave the stock a “neutral” rating in a report on Monday, April 3rd. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have issued a buy rating to the stock. Barclays PLC has an average rating of “Hold” and an average target price of GBX 227 ($2.96).

Barclays PLC (LON BARC) opened at 205.05 on Friday. The company’s market capitalization is GBX 34.70 billion. The firm has a 50-day moving average of GBX 205.68 and a 200-day moving average of GBX 218.55. Barclays PLC has a 52 week low of GBX 145.25 and a 52 week high of GBX 267.32.

TRADEMARK VIOLATION WARNING: “Barclays PLC’s (LON:BARC) “Sell” Rating Reiterated at Citigroup Inc.” was reported by American Banking News and is the property of of American Banking News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://www.americanbankingnews.com/2017/07/23/barclays-plcs-lonbarc-sell-rating-reiterated-at-citigroup-inc.html.

In other Barclays PLC news, insider Ian Cheshire acquired 50,000 shares of the stock in a transaction on Tuesday, May 2nd. The shares were purchased at an average price of GBX 210 ($2.74) per share, for a total transaction of £105,000 ($137,111.52).

About Barclays PLC

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.