Barclays PLC (BARC) Given a GBX 220 Price Target at UBS AG
UBS AG set a GBX 220 ($2.89) target price on Barclays PLC (LON:BARC) in a research report sent to investors on Monday morning. The brokerage currently has a buy rating on the financial services provider’s stock.
Other equities research analysts have also issued research reports about the stock. Deutsche Bank AG cut their target price on shares of Barclays PLC from GBX 226 ($2.97) to GBX 210 ($2.76) and set a buy rating on the stock in a research note on Monday. Goldman Sachs Group, Inc. (The) set a GBX 180 ($2.37) target price on shares of Barclays PLC and gave the company a sell rating in a research note on Monday, July 31st. Citigroup Inc. cut their target price on shares of Barclays PLC from GBX 180 ($2.37) to GBX 160 ($2.10) and set a neutral rating on the stock in a research note on Thursday, July 20th. HSBC Holdings plc reaffirmed a buy rating and set a GBX 250 ($3.29) target price on shares of Barclays PLC in a research note on Wednesday, July 12th. Finally, Shore Capital reaffirmed a buy rating on shares of Barclays PLC in a research note on Thursday, October 26th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. Barclays PLC presently has an average rating of Hold and a consensus target price of GBX 219.47 ($2.89).
Shares of Barclays PLC (BARC) traded down GBX 0.65 ($0.01) on Monday, hitting GBX 181.35 ($2.39). 54,328,146 shares of the stock were exchanged, compared to its average volume of 43,760,000. Barclays PLC has a 52-week low of GBX 175.46 ($2.31) and a 52-week high of GBX 267.32 ($3.52).
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In related news, insider Ian Cheshire acquired 30,000 shares of the firm’s stock in a transaction dated Friday, October 27th. The stock was purchased at an average cost of GBX 183 ($2.41) per share, with a total value of £54,900 ($72,208.34). Also, insider Matthew Lester acquired 10,000 shares of the firm’s stock in a transaction dated Wednesday, September 13th. The shares were bought at an average cost of GBX 192 ($2.53) per share, with a total value of £19,200 ($25,253.19). Insiders acquired 114,869 shares of company stock valued at $21,784,848 over the last ninety days.
About Barclays PLC
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