Barclays PLC (LON:BARC) has been assigned a GBX 220 ($2.89) price target by investment analysts at Bank of America Corporation in a report released on Monday. The firm presently has a “buy” rating on the financial services provider’s stock. Bank of America Corporation’s price objective indicates a potential upside of 16.54% from the stock’s current price.

Several other equities research analysts also recently issued reports on the company. UBS AG set a GBX 220 ($2.89) price target on Barclays PLC and gave the stock a “buy” rating in a report on Tuesday, November 14th. Goldman Sachs Group, Inc. (The) set a GBX 170 ($2.24) price target on Barclays PLC and gave the stock a “sell” rating in a report on Monday. reiterated a “buy” rating and set a GBX 250 ($3.29) price target on shares of Barclays PLC in a report on Monday, September 18th. Shore Capital reiterated a “buy” rating on shares of Barclays PLC in a report on Thursday, October 26th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 240 ($3.16) price target on shares of Barclays PLC in a report on Friday, September 15th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 217.28 ($2.86).

Shares of Barclays PLC (LON BARC) traded up GBX 3.77 ($0.05) during trading hours on Monday, hitting GBX 188.77 ($2.48). The stock had a trading volume of 55,185,735 shares, compared to its average volume of 55,440,000. Barclays PLC has a one year low of GBX 1.86 ($0.02) and a one year high of GBX 267.32 ($3.52).

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In other news, insider Matthew Lester acquired 10,000 shares of Barclays PLC stock in a transaction dated Wednesday, September 13th. The shares were purchased at an average cost of GBX 192 ($2.53) per share, for a total transaction of £19,200 ($25,253.19). Also, insider Tristram Roberts acquired 74,869 shares of Barclays PLC stock in a transaction dated Friday, September 29th. The shares were purchased at an average price of GBX 192 ($2.53) per share, for a total transaction of £143,748.48 ($189,068.10). In the last ninety days, insiders acquired 114,869 shares of company stock worth $21,784,848.

About Barclays PLC

Analyst Recommendations for Barclays PLC (LON:BARC)

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