Royal Bank of Canada set a GBX 215 ($2.97) price objective on Barclays (LON:BARC) in a research report sent to investors on Thursday morning. The brokerage currently has a neutral rating on the financial services provider’s stock.
Other equities analysts have also recently issued research reports about the company. Citigroup restated a sell rating on shares of Barclays in a research report on Monday, February 12th. UBS Group set a GBX 220 ($3.04) price target on Barclays and gave the company a buy rating in a research report on Tuesday, November 14th. HSBC restated a buy rating and issued a GBX 240 ($3.32) price target on shares of Barclays in a research report on Wednesday, November 29th. Goldman Sachs Group restated a sell rating and issued a GBX 190 ($2.63) price target on shares of Barclays in a research report on Friday, February 16th. Finally, Cfra set a GBX 270 ($3.73) price target on Barclays and gave the company a buy rating in a research report on Thursday, February 22nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of GBX 226.11 ($3.12).
Shares of Barclays (BARC) opened at GBX 210.75 ($2.91) on Thursday. Barclays has a fifty-two week low of GBX 177.30 ($2.45) and a fifty-two week high of GBX 235.35 ($3.25). The firm has a market capitalization of $36,080.00 and a PE ratio of 2,107.50.
In other news, insider Mike Turner purchased 10,000 shares of the stock in a transaction that occurred on Friday, February 23rd. The shares were acquired at an average price of GBX 210 ($2.90) per share, for a total transaction of £21,000 ($29,013.54).
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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.
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