Barclays PLC (BARC) Given a GBX 220 Price Target by BNP Paribas Analysts
Barclays PLC (LON:BARC) has been assigned a GBX 220 ($3.18) price objective by research analysts at BNP Paribas in a report issued on Friday. The firm currently has a a “buy” rating on the financial services provider’s stock. BNP Paribas’ price target would suggest a potential upside of 19.05% from the stock’s current price.
Barclays PLC (LON:BARC) opened at 186.0056 on Friday. Barclays PLC has a 1-year low of GBX 143.91 and a 1-year high of GBX 289.90. The stock’s market cap is GBX 36.99 billion. The company has a 50-day moving average of GBX 166.95 and a 200 day moving average of GBX 184.77.
Other equities research analysts also recently issued reports about the company. Keefe, Bruyette & Woods downgraded Barclays PLC to a “market perform” rating and set a GBX 200 ($2.89) price objective on the stock. in a report on Wednesday, March 16th. Macquarie reiterated an “outperform” rating and issued a GBX 230 ($3.33) target price on shares of Barclays PLC in a research report on Tuesday, May 3rd. Deutsche Bank reiterated a “hold” rating and issued a GBX 180 ($2.60) target price on shares of Barclays PLC in a research report on Thursday, May 5th. Citigroup Inc. set a GBX 235 ($3.40) target price on Barclays PLC and gave the stock a “buy” rating in a research report on Tuesday, March 1st. Finally, Shore Capital reiterated a “buy” rating on shares of Barclays PLC in a research report on Wednesday, April 6th. Ten analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Barclays PLC presently has an average rating of “Buy” and a consensus target price of GBX 228.27 ($3.30).
In related news, insider Paasschen,Frits Van purchased 6,441 shares of the firm’s stock in a transaction dated Wednesday, March 2nd. The stock was bought at an average price of GBX 161 ($2.33) per share, for a total transaction of £10,370.01 ($15,005.08). Also, insider Ashley,Michael purchased 31,093 shares of the firm’s stock in a transaction dated Wednesday, March 23rd. The shares were bought at an average price of GBX 159 ($2.30) per share, with a total value of £49,437.87 ($71,535.05).
Barclays PLC (Barclays) is a global financial services holding company. The Company operates in five business segments: Personal and Corporate Banking (PCB), Barclaycard, Africa Banking, Investment Bank and Head Office. Barclays Bank PLC is a wholly owned subsidiary of Barclays. The Personal and Corporate Banking (PCB) comprises personal banking, mortgages, wealth & investment management, and corporate banking.