Shares of Barclays PLC (LON:BARC) have earned an average rating of “Hold” from the eighteen brokerages that are currently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 216 ($2.84).

BARC has been the subject of a number of recent analyst reports. J P Morgan Chase & Co set a GBX 240 ($3.16) price objective on shares of Barclays PLC and gave the stock a “buy” rating in a report on Thursday, August 10th. Deutsche Bank AG decreased their price objective on shares of Barclays PLC from GBX 230 ($3.03) to GBX 229 ($3.01) and set a “buy” rating for the company in a report on Monday, July 31st. Investec restated a “buy” rating and issued a GBX 245 ($3.22) price objective on shares of Barclays PLC in a report on Friday, July 28th. UBS AG set a GBX 235 ($3.09) price objective on shares of Barclays PLC and gave the stock a “buy” rating in a report on Friday, July 28th. Finally, Shore Capital restated a “buy” rating on shares of Barclays PLC in a report on Friday, July 28th.

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Barclays PLC (LON:BARC) opened at GBX 179.15 ($2.36) on Friday. Barclays PLC has a 1-year low of GBX 178.40 ($2.35) and a 1-year high of GBX 267.32 ($3.52).

In related news, insider Ian Cheshire purchased 30,000 shares of the firm’s stock in a transaction on Friday, October 27th. The shares were acquired at an average price of GBX 183 ($2.41) per share, for a total transaction of £54,900 ($72,208.34). Also, insider Tristram Roberts purchased 74,869 shares of the firm’s stock in a transaction on Friday, September 29th. The stock was bought at an average price of GBX 192 ($2.53) per share, for a total transaction of £143,748.48 ($189,068.10). Insiders purchased a total of 114,869 shares of company stock valued at $21,784,848 in the last ninety days.

About Barclays PLC

Analyst Recommendations for Barclays PLC (LON:BARC)

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