A number of other research analysts have also commented on BARC. Royal Bank of Canada set a GBX 200 ($2.76) price target on Barclays and gave the company a neutral rating in a report on Thursday, November 9th. UBS Group set a GBX 220 ($3.04) target price on Barclays and gave the stock a buy rating in a report on Tuesday, November 14th. Credit Suisse Group reaffirmed an outperform rating and set a GBX 230 ($3.18) target price on shares of Barclays in a report on Thursday, November 16th. Goldman Sachs Group set a GBX 170 ($2.35) target price on Barclays and gave the stock a sell rating in a report on Monday, November 20th. Finally, Bank of America raised Barclays to a buy rating and lifted their target price for the stock from GBX 180 ($2.49) to GBX 220 ($3.04) in a report on Monday, November 20th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the stock. Barclays has a consensus rating of Buy and a consensus target price of GBX 226.11 ($3.12).
Barclays (LON BARC) opened at GBX 211.70 ($2.92) on Friday. The company has a market capitalization of $36,130.00 and a price-to-earnings ratio of 2,117.00. 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).
In related news, insider Mike Turner purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The shares were purchased at an average price of GBX 210 ($2.90) per share, with a total value of £21,000 ($29,013.54).
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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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