J P Morgan Chase & Co Analysts Give Barclays PLC (BARC) a GBX 240 Price Target
J P Morgan Chase & Co set a GBX 240 ($3.10) price target on Barclays PLC (LON:BARC) in a research report report published on Friday morning. The brokerage currently has a buy rating on the financial services provider’s stock.
Several other equities research analysts also recently issued reports on BARC. UBS AG set a GBX 235 ($3.03) price target on Barclays PLC and gave the stock a buy rating in a report on Wednesday, June 7th. Societe Generale restated a buy rating on shares of Barclays PLC in a report on Monday, September 11th. Morgan Stanley set a GBX 250 ($3.23) price target on Barclays PLC and gave the stock a buy rating in a report on Monday, July 17th. Jefferies Group LLC restated a hold rating and issued a GBX 232 ($3.00) price target on shares of Barclays PLC in a report on Monday, June 12th. Finally, Investec restated a buy rating and issued a GBX 245 ($3.16) price target on shares of Barclays PLC in a report on Friday, July 28th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company. Barclays PLC currently has an average rating of Hold and a consensus price target of GBX 226.56 ($2.93).
Barclays PLC (BARC) opened at 187.95 on Friday. The stock’s market cap is GBX 32.05 billion. The firm’s 50-day moving average price is GBX 196.90 and its 200 day moving average price is GBX 209.47. Barclays PLC has a 1-year low of GBX 155.95 and a 1-year high of GBX 267.32.
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The firm also recently disclosed a dividend, which will be paid on Monday, September 18th. Stockholders of record on Thursday, August 10th will be given a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, August 10th. This represents a dividend yield of 0.48%.
In other news, insider Tim J. Breedon purchased 3,224 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The stock was acquired at an average cost of GBX 202 ($2.61) per share, with a total value of £6,512.48 ($8,410.80). Also, insider Matthew Lester purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 13th. The shares were purchased at an average cost of GBX 192 ($2.48) per share, with a total value of £19,200 ($24,796.59).
About Barclays PLC
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