Barclays PLC (BARC) PT Set at GBX 240 by J P Morgan Chase & Co
J P Morgan Chase & Co set a GBX 240 ($3.24) price objective on Barclays PLC (LON:BARC) in a research note published on Friday. The brokerage currently has a buy rating on the financial services provider’s stock.
A number of other research analysts also recently weighed in on the stock. Goldman Sachs Group, Inc. (The) reaffirmed a sell rating and issued a GBX 180 ($2.43) target price on shares of Barclays PLC in a research report on Wednesday, June 28th. HSBC Holdings plc reaffirmed a buy rating and issued a GBX 260 ($3.51) target price on shares of Barclays PLC in a research report on Thursday, May 18th. Deutsche Bank AG reaffirmed a buy rating on shares of Barclays PLC in a research report on Wednesday, June 7th. Credit Suisse Group reaffirmed an outperform rating and issued a GBX 250 ($3.37) target price on shares of Barclays PLC in a research report on Friday, May 26th. Finally, BNP Paribas reaffirmed an outperform rating and issued a GBX 240 ($3.24) target price on shares of Barclays PLC in a research report on Wednesday, July 19th. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of GBX 226.56 ($3.05).
Shares of Barclays PLC (LON:BARC) opened at 187.45 on Friday. The company has a 50 day moving average of GBX 196.09 and a 200 day moving average of GBX 208.92. Barclays PLC has a 1-year low of GBX 155.95 and a 1-year high of GBX 267.32. The firm’s market cap is GBX 31.97 billion.
ILLEGAL ACTIVITY NOTICE: This report was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another publication, it was copied illegally and republished in violation of US and international trademark and copyright law. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/09/19/barclays-plc-barc-pt-set-at-gbx-240-by-j-p-morgan-chase-co.html.
The company also recently announced a dividend, which was paid on Monday, September 18th. Shareholders of record on Thursday, August 10th were issued a GBX 1 ($0.01) dividend. This represents a yield of 0.48%. The ex-dividend date of this dividend was Thursday, August 10th.
In other news, insider Matthew Lester bought 10,000 shares of the firm’s stock in a transaction on Wednesday, September 13th. The shares were purchased at an average cost of GBX 192 ($2.59) per share, with a total value of £19,200 ($25,886.48). Also, insider Tim J. Breedon bought 3,224 shares of the firm’s stock in a transaction on Monday, July 31st. The stock was purchased at an average cost of GBX 202 ($2.72) per share, for a total transaction of £6,512.48 ($8,780.48).
Barclays PLC Company Profile
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.