Barclays PLC (BARC) Earns Buy Rating from Societe Generale

Barclays PLC (LON:BARC)‘s stock had its “buy” rating restated by analysts at Societe Generale in a research note issued to investors on Monday, September 11th.

Several other equities research analysts also recently commented on the stock. Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Barclays PLC in a research report on Wednesday, September 6th. UBS AG set a GBX 235 ($3.17) target price on shares of Barclays PLC and gave the stock a “buy” rating in a research report on Monday, September 4th. Deutsche Bank AG boosted their target price on shares of Barclays PLC from GBX 229 ($3.09) to GBX 231 ($3.11) and gave the stock a “buy” rating in a research report on Monday, September 4th. HSBC Holdings plc set a GBX 250 ($3.37) target price on shares of Barclays PLC and gave the stock a “buy” rating in a research report on Friday, August 11th. Finally, J P Morgan Chase & Co set a GBX 240 ($3.24) price target on shares of Barclays PLC and gave the stock a “buy” rating in a report on Thursday, August 10th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 226.56 ($3.05).

Shares of Barclays PLC (LON BARC) opened at 187.90 on Monday. Barclays PLC has a 52-week low of GBX 155.95 and a 52-week high of GBX 267.32. The firm’s market capitalization is GBX 32.04 billion. The company has a 50-day moving average price of GBX 196.09 and a 200 day moving average price of GBX 208.92.

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In related news, insider Matthew Lester bought 10,000 shares of the company’s stock in a transaction dated Wednesday, September 13th. The stock was purchased at an average cost of GBX 192 ($2.59) per share, with a total value of £19,200 ($25,886.48). Also, insider Tim J. Breedon bought 3,224 shares of the company’s stock in a transaction dated Monday, July 31st. The stock was bought at an average cost of GBX 202 ($2.72) per share, with a total value of £6,512.48 ($8,780.48).

About Barclays PLC

Analyst Recommendations for Barclays PLC (LON:BARC)

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