Credit Suisse Group Analysts Give Barclays (BARC) a GBX 210 Price Target

Credit Suisse Group set a GBX 210 ($2.74) price objective on Barclays (LON:BARC) in a report published on Friday morning. The firm currently has a buy rating on the financial services provider’s stock.

Several other equities analysts have also commented on the stock. HSBC upped their price target on shares of Barclays from GBX 260 ($3.40) to GBX 270 ($3.53) and gave the stock a buy rating in a research report on Friday, August 17th. Deutsche Bank restated a buy rating and set a GBX 239 ($3.12) price target (up previously from GBX 236 ($3.08)) on shares of Barclays in a research report on Friday, August 3rd. Citigroup restated a sell rating on shares of Barclays in a research report on Wednesday, September 5th. Goldman Sachs Group set a GBX 215 ($2.81) price target on shares of Barclays and gave the stock a neutral rating in a research report on Wednesday, August 8th. Finally, JPMorgan Chase & Co. set a GBX 250 ($3.27) price target on shares of Barclays and gave the stock a buy rating in a research report on Wednesday, September 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of GBX 226.12 ($2.95).

Shares of Barclays stock traded down GBX 2.10 ($0.03) during trading on Friday, hitting GBX 176.80 ($2.31). 41,871,763 shares of the stock were exchanged, compared to its average volume of 50,310,000. Barclays has a 12 month low of GBX 177.30 ($2.32) and a 12 month high of GBX 235.35 ($3.08).

In related news, insider Mary Anne Citrino bought 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 11th. The stock was purchased at an average price of GBX 176 ($2.30) per share, for a total transaction of £3,520 ($4,599.50). Also, insider James E. Staley bought 168,860 shares of the firm’s stock in a transaction that occurred on Friday, September 28th. The stock was bought at an average price of GBX 174 ($2.27) per share, with a total value of £293,816.40 ($383,923.17).

Barclays Company Profile

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.

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Analyst Recommendations for Barclays (LON:BARC)

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