Citigroup reaffirmed their sell rating on shares of Barclays (LON:BARC) in a research report released on Tuesday morning. Citigroup currently has a GBX 150 ($2.07) price target on the financial services provider’s stock.
Several other research firms also recently commented on BARC. Goldman Sachs set a GBX 170 ($2.35) target price on Barclays and gave the stock a sell rating in a research report on Monday, November 20th. Bank of America upgraded Barclays to a buy rating and raised their target price for the stock from GBX 180 ($2.49) to GBX 220 ($3.04) in a research report on Monday, November 20th. Credit Suisse Group restated an outperform rating and set a GBX 230 ($3.18) target price on shares of Barclays in a research report on Monday, November 27th. Shore Capital restated a buy rating on shares of Barclays in a research report on Tuesday, November 28th. Finally, UBS restated a buy rating on shares of Barclays in a research report on Tuesday, November 28th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of GBX 225.89 ($3.12).
Shares of Barclays (LON:BARC) opened at GBX 204.35 ($2.82) on Tuesday. Barclays has a 52-week low of GBX 177.30 ($2.45) and a 52-week high of GBX 235.35 ($3.25). The company has a market capitalization of $35,750.00 and a P/E ratio of 2,043.50.
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).
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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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