Barclays (BARC) Given a GBX 205 Price Target by Jefferies Group Analysts
Barclays (LON:BARC) has been assigned a GBX 205 ($2.76) price target by Jefferies Group in a research note issued to investors on Friday. The brokerage presently has a “neutral” rating on the financial services provider’s stock. Jefferies Group’s target price would suggest a potential upside of 6.97% from the stock’s previous close.
BARC has been the topic of several other reports. Goldman Sachs Group reiterated a “sell” rating on shares of Barclays in a research note on Wednesday, September 6th. Deutsche Bank lifted their price target on shares of Barclays from GBX 229 ($3.08) to GBX 231 ($3.11) and gave the stock a “buy” rating in a research note on Monday, September 4th. Credit Suisse Group reiterated an “outperform” rating and set a GBX 230 ($3.10) price target on shares of Barclays in a research note on Thursday, November 16th. UBS set a GBX 235 ($3.16) price target on shares of Barclays and gave the stock a “buy” rating in a research note on Friday, August 18th. Finally, reiterated a “buy” rating and set a GBX 240 ($3.23) price target on shares of Barclays in a research note on Wednesday, November 8th. Three 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’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 217.89 ($2.93).
Shares of Barclays (BARC) opened at GBX 191.65 ($2.58) on Friday. Barclays has a one year low of GBX 177.30 ($2.39) and a one year high of GBX 244.40 ($3.29).
In related news, insider Ian Cheshire acquired 30,000 shares of the firm’s stock in a transaction that occurred on Friday, October 27th. The shares were purchased at an average price of GBX 183 ($2.46) per share, with a total value of £54,900 ($73,889.64). Also, insider Matthew Lester acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The shares were bought at an average cost of GBX 192 ($2.58) per share, for a total transaction of £19,200 ($25,841.18). In the last ninety days, insiders bought 114,869 shares of company stock worth $21,784,848.
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