Barclays PLC (BARC) Given a GBX 250 Price Target by HSBC Holdings plc Analysts
Barclays PLC (LON:BARC) has been given a GBX 250 ($3.26) target price by stock analysts at HSBC Holdings plc in a research note issued to investors on Friday. The firm currently has a “buy” rating on the financial services provider’s stock. HSBC Holdings plc’s price target would suggest a potential upside of 25.41% from the stock’s previous close.
Several other equities analysts also recently issued reports on the stock. S&P Global set a GBX 250 ($3.26) price objective on shares of Barclays PLC and gave the company a “buy” rating in a research note on Friday, April 28th. Beaufort Securities restated a “buy” rating on shares of Barclays PLC in a research note on Tuesday, May 2nd. Deutsche Bank AG decreased their price objective on shares of Barclays PLC from GBX 267 ($3.48) to GBX 250 ($3.26) and set a “buy” rating for the company in a research note on Friday, April 21st. Morgan Stanley set a GBX 280 ($3.65) price objective on shares of Barclays PLC and gave the company a “buy” rating in a research note on Thursday, April 20th. Finally, UBS AG set a GBX 235 ($3.06) price objective on shares of Barclays PLC and gave the company a “buy” rating in a research note on Saturday, May 20th. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company. Barclays PLC has a consensus rating of “Hold” and an average target price of GBX 226.72 ($2.95).
Shares of Barclays PLC (LON:BARC) traded down 2.66% during midday trading on Friday, reaching GBX 199.35. The company’s stock had a trading volume of 28,167,605 shares. Barclays PLC has a one year low of GBX 155.95 and a one year high of GBX 267.32. The stock’s 50 day moving average price is GBX 206.37 and its 200 day moving average price is GBX 215.95. The firm’s market cap is GBX 34.00 billion.
In related news, insider Tim J. Breedon bought 3,224 shares of the stock in a transaction on Monday, July 31st. The shares were bought at an average cost of GBX 202 ($2.63) per share, for a total transaction of £6,512.48 ($8,480.90).
Barclays PLC Company Profile
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