Citigroup reaffirmed their sell rating on shares of Barclays (LON:BARC) in a research note published on Wednesday morning.

Several other research firms also recently issued reports on BARC. Goldman Sachs Group set a GBX 180 ($2.41) price objective on shares of Barclays and gave the stock a sell rating in a report on Friday, October 27th. Credit Suisse Group restated an outperform rating and set a GBX 230 ($3.08) price objective on shares of Barclays in a report on Thursday, November 16th. J P Morgan Chase & Co set a GBX 240 ($3.21) price objective on shares of Barclays and gave the stock a buy rating in a report on Wednesday. UBS set a GBX 235 ($3.15) price objective on shares of Barclays and gave the stock a buy rating in a report on Friday, August 18th. Finally, restated a buy rating and set a GBX 240 ($3.21) price objective on shares of Barclays in a report on Wednesday, November 8th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 218.47 ($2.93).

Barclays (BARC) opened at GBX 191.44 ($2.56) on Wednesday. Barclays has a twelve month low of GBX 177.30 ($2.37) and a twelve month high of GBX 267.32 ($3.58).

In related news, insider Ian Cheshire bought 30,000 shares of the company’s stock in a transaction on Friday, October 27th. The stock was bought at an average cost of GBX 183 ($2.45) per share, with a total value of £54,900 ($73,523.50). Also, insider Tristram Roberts bought 74,869 shares of the company’s stock in a transaction on Friday, September 29th. The stock was bought at an average cost of GBX 192 ($2.57) per share, with a total value of £143,748.48 ($192,511.69). Over the last ninety days, insiders acquired 114,869 shares of company stock valued at $21,784,848.

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About Barclays

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