Barclays’ (BARC) Sell Rating Reaffirmed at Citigroup
Other analysts also recently issued reports about the company. J P Morgan Chase & Co set a GBX 240 ($3.23) target price on Barclays and gave the company a buy rating in a research note on Thursday, August 10th. set a GBX 250 ($3.36) price target on shares of Barclays and gave the stock a buy rating in a research report on Friday, August 11th. Morgan Stanley set a GBX 230 ($3.10) price target on shares of Barclays and gave the stock a neutral rating in a research report on Wednesday, October 25th. UBS set a GBX 235 ($3.16) price target on shares of Barclays and gave the stock a buy rating in a research report on Friday, August 18th. Finally, Shore Capital reaffirmed a buy rating on shares of Barclays in a research report on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 217.89 ($2.93).
Shares of Barclays (LON:BARC) traded up GBX 0.65 ($0.01) during midday trading on Wednesday, reaching GBX 191.65 ($2.58). The company had a trading volume of 27,093,113 shares, compared to its average volume of 59,910,000. Barclays has a 52-week low of GBX 177.30 ($2.39) and a 52-week high of GBX 244.40 ($3.29).
In other Barclays news, insider Tristram Roberts acquired 74,869 shares of Barclays stock in a transaction that occurred on Friday, September 29th. The stock was acquired at an average price of GBX 192 ($2.58) per share, with a total value of £143,748.48 ($193,470.36). Also, insider Matthew Lester acquired 10,000 shares of Barclays stock in a transaction that occurred on Wednesday, September 13th. The stock was acquired at an average cost of GBX 192 ($2.58) per share, with a total value of £19,200 ($25,841.18). Insiders have acquired a total of 114,869 shares of company stock valued at $21,784,848 in the last three months.
TRADEMARK VIOLATION NOTICE: This story was first posted by Watch List News and is the property of of Watch List News. If you are reading this story on another website, it was illegally stolen and republished in violation of U.S. and international copyright & trademark legislation. The original version of this story can be viewed at https://www.watchlistnews.com/barclays-barc-sell-rating-reaffirmed-at-citigroup/1750226.html.
Barclays 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 Analyst Ratings Network's FREE daily email newsletter.