Barclays PLC (BARC) Given a GBX 250 Price Target at Morgan Stanley
Morgan Stanley set a GBX 250 ($3.16) target price on Barclays PLC (LON:BARC) in a research note released on Tuesday. The brokerage currently has a buy rating on the financial services provider’s stock.
A number of other research firms also recently commented on BARC. Jefferies Group LLC restated a hold rating and set a GBX 232 ($2.93) price target on shares of Barclays PLC in a research report on Monday. Shore Capital restated a hold rating on shares of Barclays PLC in a research report on Friday, April 28th. Goldman Sachs Group, Inc. (The) restated a neutral rating and set a GBX 250 ($3.16) price target on shares of Barclays PLC in a research report on Tuesday, April 25th. Macquarie set a GBX 185 ($2.34) price target on shares of Barclays PLC and gave the stock a sell rating in a research report on Monday, April 24th. Finally, Deutsche Bank AG set a GBX 267 ($3.38) price target on shares of Barclays PLC and gave the stock a buy rating in a research report on Thursday, March 16th. Five investment analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the stock. Barclays PLC has an average rating of Hold and a consensus target price of GBX 220.63 ($2.79).
Barclays PLC (LON BARC) traded down 1.36% on Tuesday, reaching GBX 203.50. 71,255,468 shares of the company traded hands. The company has a 50-day moving average price of GBX 211.27 and a 200-day moving average price of GBX 222.35. The company’s market capitalization is GBX 34.44 billion. Barclays PLC has a 12 month low of GBX 121.10 and a 12 month high of GBX 267.32.
In other news, insider Ian Cheshire bought 50,000 shares of the stock in a transaction dated Tuesday, May 2nd. The shares were acquired at an average price of GBX 210 ($2.66) per share, with a total value of £105,000 ($132,827.32).
About Barclays PLC
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.