Barclays PLC (LON:BARC) had its target price decreased by investment analysts at Deutsche Bank AG from GBX 231 ($3.07) to GBX 226 ($3.00) in a report released on Monday. The firm currently has a “buy” rating on the financial services provider’s stock. Deutsche Bank AG’s price objective would indicate a potential upside of 15.48% from the company’s previous close.

BARC has been the subject of several other reports. HSBC Holdings plc set a GBX 250 ($3.32) price objective on Barclays PLC and gave the company a “buy” rating in a research note on Friday, August 11th. Societe Generale reaffirmed a “buy” rating on shares of Barclays PLC in a research note on Monday, September 11th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 240 ($3.19) price objective on shares of Barclays PLC in a research note on Thursday, July 20th. UBS AG set a GBX 235 ($3.12) price objective on Barclays PLC and gave the company a “buy” rating in a research note on Wednesday, June 28th. Finally, Citigroup Inc. reaffirmed a “sell” rating and issued a GBX 170 ($2.26) price objective on shares of Barclays PLC in a research note on Wednesday, September 27th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the stock. Barclays PLC presently has an average rating of “Hold” and an average price target of GBX 223.17 ($2.97).

Shares of Barclays PLC (LON BARC) opened at 193.50 on Monday. The firm has a 50-day moving average price of GBX 190.14 and a 200 day moving average price of GBX 202.97. The company’s market cap is GBX 33.00 billion. Barclays PLC has a 12 month low of GBX 175.46 and a 12 month high of GBX 267.32.

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In other Barclays PLC news, insider Tristram Roberts bought 74,869 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The shares were purchased at an average cost of GBX 192 ($2.55) per share, for a total transaction of £143,748.48 ($191,002.50). Also, insider Tim J. Breedon bought 3,224 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The shares were acquired at an average price of GBX 202 ($2.68) per share, for a total transaction of £6,512.48 ($8,653.31). Insiders bought a total of 88,093 shares of company stock worth $16,946,096 over the last quarter.

Barclays PLC Company Profile

Analyst Recommendations for Barclays PLC (LON:BARC)

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