Royal Bank of Canada set a GBX 220 ($3.15) price target on Barclays (LON:BARC) in a report published on Friday. The brokerage currently has a neutral rating on the financial services provider’s stock.
Several other research analysts have also commented on BARC. Goldman Sachs set a GBX 220 ($3.15) price target on Barclays and gave the stock a neutral rating in a research report on Friday. Jefferies Group set a GBX 265 ($3.79) price target on Barclays and gave the stock a buy rating in a research report on Monday, April 16th. Deutsche Bank set a GBX 250 ($3.58) price target on Barclays and gave the stock a buy rating in a research report on Wednesday, April 11th. Citigroup reaffirmed a sell rating and set a GBX 150 ($2.15) price target on shares of Barclays in a research report on Tuesday, March 20th. Finally, Morgan Stanley reaffirmed an equal weight rating and set a GBX 225 ($3.22) price target on shares of Barclays in a research report on Tuesday, April 3rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of GBX 229.55 ($3.29).
BARC opened at GBX 215.50 ($3.09) on Friday. Barclays has a 52 week low of GBX 177.30 ($2.54) and a 52 week high of GBX 235.35 ($3.37).
In related news, insider Mike Turner bought 10,000 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were acquired at an average price of GBX 210 ($3.01) per share, with a total value of £21,000 ($30,068.73).
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Barclays Company Profile
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.
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