Barclays PLC (BARC) PT Set at GBX 220 by UBS AG
Barclays PLC (LON:BARC) received a GBX 220 ($2.89) target price from equities researchers at UBS AG in a research report issued on Tuesday. The firm presently has a “buy” rating on the financial services provider’s stock. UBS AG’s price target points to a potential upside of 18.50% from the stock’s current price.
Several other research analysts have also commented on the stock. set a GBX 250 ($3.29) price objective on shares of Barclays PLC and gave the stock a “buy” rating in a research note on Friday, August 11th. J P Morgan Chase & Co set a GBX 240 ($3.16) price objective on shares of Barclays PLC and gave the stock a “buy” rating in a research note on Thursday, August 10th. Deutsche Bank AG reduced their price objective on shares of Barclays PLC from GBX 230 ($3.03) to GBX 229 ($3.01) and set a “buy” rating for the company in a research note on Monday, July 31st. Investec reiterated a “buy” rating and set a GBX 245 ($3.22) price objective on shares of Barclays PLC in a research note on Friday, July 28th. Finally, Shore Capital reiterated a “buy” rating on shares of Barclays PLC in a research note on Friday, July 28th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 217.12 ($2.86).
Shares of Barclays PLC (LON BARC) opened at GBX 185.65 ($2.44) on Tuesday. Barclays PLC has a 52-week low of GBX 177.30 ($2.33) and a 52-week high of GBX 267.32 ($3.52).
In related news, insider Matthew Lester acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, September 13th. The shares were acquired at an average cost of GBX 192 ($2.53) per share, with a total value of £19,200 ($25,253.19). Also, insider Tristram Roberts acquired 74,869 shares of the firm’s stock in a transaction on Friday, September 29th. The shares were bought at an average cost of GBX 192 ($2.53) per share, for a total transaction of £143,748.48 ($189,068.10). Over the last ninety days, insiders have acquired 114,869 shares of company stock worth $21,784,848.
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.