Macquarie Analysts Give Barclays (LON:BARC) a GBX 212 Price Target

Posted by Andrew Walz on Apr 3rd, 2018 // No Comments

Barclays (LON:BARC) received a GBX 212 ($2.98) target price from research analysts at Macquarie in a report issued on Friday, March 9th. The firm currently has a “neutral” rating on the financial services provider’s stock. Macquarie’s price objective suggests a potential upside of 2.66% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. JPMorgan Chase set a GBX 240 ($3.37) target price on shares of Barclays and gave the company a “buy” rating in a report on Wednesday, November 29th. HSBC restated a “buy” rating and set a GBX 240 ($3.37) price target on shares of Barclays in a research report on Wednesday, November 29th. UBS restated a “buy” rating on shares of Barclays in a research report on Tuesday, November 28th. Shore Capital reiterated a “buy” rating on shares of Barclays in a research report on Tuesday, November 28th. Finally, Credit Suisse Group set a GBX 230 ($3.23) target price on shares of Barclays and gave the stock a “buy” rating in a research report on Tuesday, November 28th. One analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 226.42 ($3.18).

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Shares of LON:BARC remained flat at $GBX 206.50 ($2.90) during trading on Friday. Barclays has a twelve month low of GBX 177.30 ($2.49) and a twelve month high of GBX 235.35 ($3.30).

In other Barclays news, insider Mike Turner bought 10,000 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were purchased at an average price of GBX 210 ($2.95) per share, for a total transaction of £21,000 ($29,477.82).

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About Barclays

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.

Analyst Recommendations for Barclays (LON:BARC)

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