J P Morgan Chase & Co reissued their overweight rating on shares of Barclays PLC (LON:BARC) in a report released on Thursday. J P Morgan Chase & Co currently has a GBX 240 ($3.13) price target on the financial services provider’s stock.

A number of other research analysts have also recently commented on the stock. BNP Paribas reaffirmed an outperform rating and issued a GBX 240 ($3.13) target price on shares of Barclays PLC in a research report on Wednesday. Morgan Stanley set a GBX 250 ($3.26) target price on shares of Barclays PLC and gave the company a buy rating in a research report on Monday. HSBC Holdings plc reaffirmed a buy rating and issued a GBX 250 ($3.26) target price on shares of Barclays PLC in a research report on Wednesday, July 12th. Credit Suisse Group reaffirmed an outperform rating and issued a GBX 250 ($3.26) target price on shares of Barclays PLC in a research report on Thursday, July 6th. Finally, Macquarie reaffirmed an underperform rating and issued a GBX 180 ($2.35) target price on shares of Barclays PLC in a research report on Wednesday, July 5th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of GBX 227 ($2.96).

Shares of Barclays PLC (BARC) traded down 1.51% during midday trading on Thursday, reaching GBX 205.05. 24,468,784 shares of the company were exchanged. Barclays PLC has a 52 week low of GBX 145.25 and a 52 week high of GBX 267.32. The firm has a 50-day moving average of GBX 205.68 and a 200 day moving average of GBX 218.55. The firm’s market capitalization is GBX 34.70 billion.

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In other Barclays PLC news, insider Ian Cheshire bought 50,000 shares of the stock in a transaction dated Tuesday, May 2nd. The shares were acquired at an average cost of GBX 210 ($2.74) per share, for a total transaction of £105,000 ($137,111.52).

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