UBS AG Reiterates “GBX 235” Price Target for Barclays PLC (BARC)
Barclays PLC (LON:BARC) has been given a GBX 235 ($3.04) target price by UBS AG in a research report issued on Monday. The firm currently has a “buy” rating on the financial services provider’s stock. UBS AG’s target price points to a potential upside of 22.30% from the company’s previous close.
BARC has been the topic of several other research reports. Goldman Sachs Group, Inc. (The) lifted their price objective on shares of Barclays PLC to GBX 180 ($2.33) and gave the stock a “sell” rating in a research note on Thursday, June 22nd. HSBC Holdings plc set a GBX 250 ($3.23) price objective on shares of Barclays PLC and gave the company a “buy” rating in a report on Friday, August 11th. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 225 ($2.91) price objective on shares of Barclays PLC in a report on Tuesday, May 23rd. Morgan Stanley set a GBX 250 ($3.23) price objective on shares of Barclays PLC and gave the company a “buy” rating in a report on Tuesday, June 13th. Finally, Citigroup Inc. lowered their target price on shares of Barclays PLC from GBX 180 ($2.33) to GBX 160 ($2.07) and set a “neutral” rating on the stock in a report on Thursday, July 20th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 226.83 ($2.93).
Shares of Barclays PLC (LON:BARC) opened at 190.45 on Monday. The company’s 50-day moving average is GBX 202.26 and its 200 day moving average is GBX 212.69. The firm’s market capitalization is GBX 32.48 billion. Barclays PLC has a 1-year low of GBX 155.95 and a 1-year high of GBX 267.32.
In related news, insider Tim J. Breedon purchased 3,224 shares of Barclays PLC stock in a transaction on Monday, July 31st. The stock was acquired at an average price of GBX 202 ($2.61) per share, for a total transaction of £6,512.48 ($8,422.76).
About Barclays PLC
Receive News & Stock Ratings for Barclays PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays PLC and related stocks with our FREE daily email newsletter.