Barclays PLC (LON:BARC) Rating Reiterated by Citigroup Inc.

Barclays PLC (LON:BARC)‘s stock had its “sell” rating reissued by stock analysts at Citigroup Inc. in a report issued on Friday, July 21st.

Several other equities research analysts also recently weighed in on the stock. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 240 ($3.13) target price on shares of Barclays PLC in a research note on Thursday, July 20th. BNP Paribas restated an “outperform” rating and issued a GBX 240 ($3.13) target price on shares of Barclays PLC in a research note on Wednesday, July 19th. Morgan Stanley set a GBX 250 ($3.26) target price on shares of Barclays PLC and gave the company a “buy” rating in a research note on Monday, July 17th. HSBC Holdings plc restated a “buy” rating and issued a GBX 250 ($3.26) target price on shares of Barclays PLC in a research note on Wednesday, July 12th. Finally, Credit Suisse Group reiterated an “outperform” rating and set a GBX 250 ($3.26) price objective on shares of Barclays PLC in a research note on Thursday, July 6th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 226.72 ($2.95).

Shares of Barclays PLC (LON:BARC) traded down 2.66% during trading on Friday, reaching GBX 199.35. 28,167,605 shares of the company were exchanged. Barclays PLC has a 1-year low of GBX 155.95 and a 1-year high of GBX 267.32. The firm’s market capitalization is GBX 8.27 billion. The company’s 50-day moving average is GBX 206.09 and its 200 day moving average is GBX 216.01.

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In other news, insider Tim J. Breedon acquired 3,224 shares of the company’s stock in a transaction on Monday, July 31st. The shares were bought at an average cost of GBX 202 ($2.63) per share, with a total value of £6,512.48 ($8,480.90).

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