UBS Group reiterated their buy rating on shares of Barclays (LON:BARC) in a research note issued to investors on Wednesday morning, www.boersen-zeitung.de reports. The brokerage currently has a GBX 240 ($3.14) price objective on the financial services provider’s stock, up from their prior price objective of GBX 235 ($3.07).

Other research analysts have also recently issued reports about the stock. Shore Capital reissued a buy rating on shares of Barclays in a report on Thursday, August 2nd. Goldman Sachs Group set a GBX 220 ($2.87) price target on shares of Barclays and gave the stock a neutral rating in a report on Monday, July 23rd. Credit Suisse Group set a GBX 235 ($3.07) price target on shares of Barclays and gave the stock a buy rating in a report on Thursday, July 19th. Deutsche Bank reissued a buy rating and set a GBX 239 ($3.12) price target (up from GBX 236 ($3.08)) on shares of Barclays in a report on Friday, August 3rd. Finally, JPMorgan Chase & Co. set a GBX 250 ($3.27) price target on shares of Barclays and gave the stock a buy rating in a report on Tuesday, September 11th. One analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the company’s stock. Barclays currently has an average rating of Buy and an average price target of GBX 229.78 ($3.00).

LON BARC opened at GBX 163.42 ($2.14) on Wednesday. Barclays has a 52-week low of GBX 177.30 ($2.32) and a 52-week high of GBX 235.35 ($3.08).

In related news, insider James E. Staley bought 168,860 shares of the stock in a transaction on Friday, September 28th. The shares were bought at an average cost of GBX 174 ($2.27) per share, for a total transaction of £293,816.40 ($383,923.17). Also, insider Tim J. Breedon bought 3,859 shares of the stock in a transaction on Friday, August 10th. The shares were bought at an average price of GBX 190 ($2.48) per share, for a total transaction of £7,332.10 ($9,580.69). Insiders have acquired 224,719 shares of company stock worth $39,966,850 over the last 90 days.

About Barclays

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.

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Analyst Recommendations for Barclays (LON:BARC)

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