Barclays PLC (LON:BARC) has been given a GBX 240 ($3.13) price objective by stock analysts at J P Morgan Chase & Co in a research note issued on Thursday. The firm currently has a “buy” rating on the financial services provider’s stock. J P Morgan Chase & Co’s price objective points to a potential upside of 14.97% from the company’s previous close.
BARC has been the subject of a number of other reports. Goldman Sachs Group, Inc. (The) increased their target price on shares of Barclays PLC to GBX 180 ($2.34) and gave the stock a “sell” rating in a report on Thursday, June 22nd. Credit Suisse Group reiterated an “outperform” rating and set a GBX 260 ($3.39) target price on shares of Barclays PLC in a report on Thursday, April 20th. UBS AG set a GBX 235 ($3.06) target price on shares of Barclays PLC and gave the stock a “buy” rating in a report on Wednesday, June 7th. Morgan Stanley set a GBX 250 ($3.26) target price on shares of Barclays PLC and gave the stock a “buy” rating in a report on Tuesday, June 13th. Finally, Citigroup Inc. dropped their target price on shares of Barclays PLC from GBX 180 ($2.34) to GBX 160 ($2.08) and set a “neutral” rating for the company in a report on Thursday, July 20th. Four equities 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. The company has a consensus rating of “Hold” and an average target price of GBX 226.72 ($2.95).
Barclays PLC (LON:BARC) opened at 207.90 on Thursday. The stock has a 50 day moving average price of GBX 206.05 and a 200 day moving average price of GBX 216.20. The company’s market capitalization is GBX 35.46 billion. Barclays PLC has a 52-week low of GBX 155.95 and a 52-week high of GBX 267.32.
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In related news, insider Tim J. Breedon bought 3,224 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The shares were bought at an average price of GBX 202 ($2.63) per share, for a total transaction of £6,512.48 ($8,480.90).
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