BARC has been the subject of several other reports. Royal Bank of Canada boosted their price objective on Barclays from GBX 170 ($2.22) to GBX 190 ($2.48) and gave the company a “sector performer” rating in a report on Monday, October 28th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 209 ($2.73) price objective on shares of Barclays in a report on Monday, October 14th. UBS Group reissued a “buy” rating and issued a GBX 190 ($2.48) price objective on shares of Barclays in a report on Friday, October 25th. Shore Capital reissued a “buy” rating on shares of Barclays in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. set a GBX 220 ($2.87) target price on Barclays and gave the company a “buy” rating in a report on Friday, November 1st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 197.64 ($2.58).
Shares of LON BARC traded down GBX 3.60 ($0.05) during midday trading on Thursday, reaching GBX 166.44 ($2.17). 32,194,960 shares of the company’s stock were exchanged, compared to its average volume of 50,310,000. The stock has a market capitalization of $28.74 billion and a PE ratio of 16.48. Barclays has a 52-week low of GBX 131.04 ($1.71) and a 52-week high of GBX 180 ($2.35). The business’s fifty day moving average price is GBX 158.35 and its two-hundred day moving average price is GBX 153.92.
In other Barclays news, insider Dawn Fitzpatrick acquired 473,406 shares of Barclays stock in a transaction dated Monday, October 28th. The stock was acquired at an average cost of GBX 170 ($2.22) per share, for a total transaction of £804,790.20 ($1,051,600.94).
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 financial services, including retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
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