Societe Generale restated their buy rating on shares of Barclays PLC (LON:BARC) in a report released on Monday morning.

Several other equities research analysts also recently issued reports on BARC. Goldman Sachs Group, Inc. (The) restated a sell rating and issued a GBX 180 ($2.32) price target on shares of Barclays PLC in a report on Wednesday, May 17th. HSBC Holdings plc restated a buy rating and issued a GBX 260 ($3.36) price target on shares of Barclays PLC in a report on Thursday, May 18th. Credit Suisse Group lowered their price target on Barclays PLC from GBX 260 ($3.36) to GBX 250 ($3.23) and set an outperform rating for the company in a report on Friday, May 19th. UBS AG set a GBX 235 ($3.03) price target on Barclays PLC and gave the stock a buy rating in a report on Saturday, May 20th. Finally, J P Morgan Chase & Co restated a neutral rating and issued a GBX 225 ($2.91) price target on shares of Barclays PLC in a report on Tuesday, May 23rd. Four research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of GBX 226.83 ($2.93).

Shares of Barclays PLC (BARC) opened at 190.50 on Monday. The stock’s 50 day moving average price is GBX 197.78 and its 200 day moving average price is GBX 209.76. Barclays PLC has a one year low of GBX 155.95 and a one year high of GBX 267.32. The firm’s market capitalization is GBX 32.49 billion.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece of content on another website, it was copied illegally and reposted in violation of US and international trademark and copyright legislation. The original version of this piece of content can be read at https://www.thecerbatgem.com/2017/09/14/societe-generale-reaffirms-buy-rating-for-barclays-plc-barc.html.

The firm also recently disclosed a dividend, which will be paid on Monday, September 18th. Stockholders of record on Thursday, August 10th will be given a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, August 10th. This represents a dividend yield of 0.48%.

In other news, insider Matthew Lester bought 10,000 shares of the stock in a transaction dated Wednesday, September 13th. The shares were bought at an average price of GBX 192 ($2.48) per share, for a total transaction of £19,200 ($24,796.59). Also, insider Tim J. Breedon bought 3,224 shares of the stock in a transaction dated Monday, July 31st. The shares were purchased at an average price of GBX 202 ($2.61) per share, for a total transaction of £6,512.48 ($8,410.80).

About Barclays PLC

Analyst Recommendations for Barclays PLC (LON:BARC)

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.