Barclays PLC’s (LON:BARC) “Sell” Rating Reiterated at Citigroup Inc.
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.
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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).
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