Barclays PLC (BARC) Receives Average Recommendation of “Hold” from Analysts

Shares of Barclays PLC (LON:BARC) have been given a consensus rating of “Hold” by the nineteen analysts that are presently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 220.13 ($2.92).

Several brokerages have recently weighed in on BARC. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 234 ($3.11) price target on shares of Barclays PLC in a research report on Wednesday, July 5th. Investec reiterated a “buy” rating and issued a GBX 245 ($3.26) price target on shares of Barclays PLC in a research report on Tuesday, June 20th. J P Morgan Chase & Co set a GBX 240 ($3.19) price target on Barclays PLC and gave the company a “buy” rating in a research report on Monday, June 26th. UBS AG set a GBX 235 ($3.12) price target on Barclays PLC and gave the company a “buy” rating in a research report on Wednesday, June 28th. Finally, Morgan Stanley set a GBX 250 ($3.32) price target on Barclays PLC and gave the company a “buy” rating in a research report on Monday, July 17th.

In other Barclays PLC news, insider Tristram Roberts bought 74,869 shares of Barclays PLC stock in a transaction that occurred on Friday, September 29th. The stock was acquired at an average cost of GBX 192 ($2.55) per share, for a total transaction of £143,748.48 ($191,002.50). Also, insider Tim J. Breedon purchased 3,224 shares of the company’s stock in a transaction on Monday, July 31st. The shares were purchased at an average cost of GBX 202 ($2.68) per share, with a total value of £6,512.48 ($8,653.31). Over the last 90 days, insiders have purchased 88,093 shares of company stock valued at $16,946,096.

Shares of Barclays PLC (LON BARC) opened at 190.75 on Wednesday. Barclays PLC has a 52-week low of GBX 166.65 and a 52-week high of GBX 267.32. The stock’s 50 day moving average price is GBX 189.97 and its 200-day moving average price is GBX 203.58. The company’s market capitalization is GBX 32.53 billion.

The firm also recently announced a dividend, which was paid on Monday, September 18th. Investors of record on Thursday, August 10th were given a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.48%. The ex-dividend date of this dividend was Thursday, August 10th.

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Barclays PLC Company Profile

Analyst Recommendations for Barclays PLC (LON:BARC)

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