Barclays PLC (LON:BARC) has been assigned a GBX 198 ($2.47) target price by analysts at Deutsche Bank AG in a research report issued to clients and investors on Thursday. The brokerage presently has a “neutral” rating on the financial services provider’s stock. Deutsche Bank AG’s price target suggests a potential downside of 7.19% from the company’s previous close.

Several other equities research analysts also recently weighed in on BARC. BNP Paribas reaffirmed a “neutral” rating and set a GBX 165 ($2.06) price target on shares of Barclays PLC in a report on Monday, August 1st. JPMorgan Chase & Co. decreased their price target on Barclays PLC from GBX 180 ($2.25) to GBX 175 ($2.19) and set a “neutral” rating for the company in a report on Thursday, August 11th. Morgan Stanley set a GBX 190 ($2.37) price target on Barclays PLC and gave the stock a “neutral” rating in a report on Friday, October 28th. Macquarie increased their price target on Barclays PLC from GBX 175 ($2.19) to GBX 200 ($2.50) and gave the stock an “outperform” rating in a report on Tuesday, August 2nd. Finally, HSBC reaffirmed a “buy” rating and set a GBX 190 ($2.37) price target on shares of Barclays PLC in a report on Wednesday. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 202.92 ($2.54).

Analyst Recommendations for Barclays PLC (LON:BARC)

Shares of Barclays PLC (LON:BARC) opened at 214.05 on Thursday. The stock’s 50 day moving average is GBX 187.70 and its 200-day moving average is GBX 169.20. The stock’s market cap is GBX 51.04 billion. Barclays PLC has a 12-month low of GBX 121.10 and a 12-month high of GBX 238.10.

In other Barclays PLC news, insider Tristram Roberts sold 150,931 shares of the business’s stock in a transaction on Thursday, November 10th. The stock was sold at an average price of GBX 204 ($2.55), for a total transaction of £307,899.24 ($384,681.71).

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About Barclays PLC

Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays Corporate & International. The Barclays UK segment incorporates the UK Personal, small UK Corporate and UK Wealth businesses, and the Barclaycard UK consumer credit cards business.

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