Several other research firms also recently weighed in on BARC. Credit Suisse Group reissued an outperform rating and issued a GBX 230 ($3.18) price objective on shares of Barclays in a report on Thursday, November 16th. Goldman Sachs Group set a GBX 180 ($2.49) price objective on Barclays and gave the company a sell rating in a report on Friday, October 27th. JPMorgan Chase & Co. set a GBX 240 ($3.32) price objective on Barclays and gave the company a buy rating in a report on Wednesday, November 29th. reissued a buy rating and issued a GBX 240 ($3.32) price objective on shares of Barclays in a report on Wednesday, November 8th. Finally, Bank of America raised Barclays to a buy rating and increased their price objective for the company from GBX 180 ($2.49) to GBX 220 ($3.04) in a report on Monday, November 20th. Three analysts have rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the company. Barclays presently has a consensus rating of Hold and a consensus price target of GBX 221.26 ($3.06).
Shares of Barclays (BARC) opened at GBX 210.45 ($2.91) on Thursday. The firm has a market capitalization of $35,800.00 and a P/E ratio of 1,834.09. Barclays has a fifty-two week low of GBX 177.30 ($2.45) and a fifty-two week high of GBX 238.82 ($3.30).
In other Barclays news, insider Mike Turner acquired 10,000 shares of the business’s stock in a transaction on Friday, February 23rd. The stock was purchased at an average price of GBX 210 ($2.90) per share, for a total transaction of £21,000 ($29,013.54).
Barclays Company Profile
Barclays PLC, is a global financial services holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International. The Barclays UK segment includes the local consumer, small business, the United Kingdom wealth and credit cards business.
Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.