Macquarie Reaffirms Underperform Rating for Barclays PLC (LON:BARC)
Macquarie restated their underperform rating on shares of Barclays PLC (LON:BARC) in a research report report published on Wednesday, MarketBeat Ratings reports. The brokerage currently has a GBX 180 ($2.33) price objective on the financial services provider’s stock.
BARC has been the topic of several other research reports. J P Morgan Chase & Co set a GBX 240 ($3.11) price target on shares of Barclays PLC and gave the company a buy rating in a report on Monday, June 26th. Royal Bank of Canada set a GBX 230 ($2.98) price target on shares of Barclays PLC and gave the company a neutral rating in a report on Friday, April 28th. Goldman Sachs Group, Inc. (The) set a GBX 250 ($3.24) price target on shares of Barclays PLC and gave the company a neutral rating in a report on Monday, April 3rd. Beaufort Securities reaffirmed a buy rating on shares of Barclays PLC in a report on Tuesday, May 2nd. Finally, Credit Suisse Group reaffirmed an outperform rating on shares of Barclays PLC in a report on Wednesday, May 3rd. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of GBX 231.24 ($3.00).
Shares of Barclays PLC (BARC) opened at 208.30 on Wednesday. The company’s market cap is GBX 35.25 billion. Barclays PLC has a 12-month low of GBX 131.71 and a 12-month high of GBX 267.32. The company’s 50-day moving average is GBX 207.32 and its 200-day moving average is GBX 220.53.
In other news, insider Ian Cheshire acquired 50,000 shares of the business’s stock in a transaction on Tuesday, May 2nd. The shares were acquired at an average price of GBX 210 ($2.72) per share, for a total transaction of £105,000 ($136,010.36).
Barclays PLC Company Profile
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