Barclays PLC (LON:BARC) Stock Rating Reaffirmed by Citigroup Inc.
Barclays PLC (LON:BARC)‘s stock had its “sell” rating reiterated by research analysts at Citigroup Inc. in a research report issued to clients and investors on Friday.
Several other research analysts have also commented on BARC. BNP Paribas raised shares of Barclays PLC to an “outperform” rating and set a GBX 290 ($3.79) price objective for the company in a research note on Friday, March 24th. Jefferies Group LLC lifted their price objective on shares of Barclays PLC from GBX 222 ($2.90) to GBX 232 ($3.03) and gave the stock a “hold” rating in a research note on Tuesday, March 28th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 260 ($3.40) price objective on shares of Barclays PLC in a research note on Tuesday, March 28th. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 225 ($2.94) target price on shares of Barclays PLC in a research note on Thursday, March 30th. Finally, Goldman Sachs Group, Inc. (The) set a GBX 250 ($3.26) target price on shares of Barclays PLC and gave the company a “neutral” rating in a research note on Monday, April 3rd. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 227 ($2.96).
Shares of Barclays PLC (LON:BARC) opened at 205.05 on Friday. Barclays PLC has a 12 month low of GBX 145.25 and a 12 month high of GBX 267.32. The firm’s 50-day moving average is GBX 205.68 and its 200 day moving average is GBX 218.55. The stock’s market cap is GBX 34.70 billion.
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In other news, insider Ian Cheshire acquired 50,000 shares of Barclays PLC stock in a transaction that occurred on Tuesday, May 2nd. The stock was purchased at an average cost of GBX 210 ($2.74) per share, with a total value of £105,000 ($137,111.52).
Barclays PLC Company Profile
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