Barclays (LON:BARC – Get Free Report)‘s stock had its “buy” rating reiterated by research analysts at Citigroup in a report issued on Monday, MarketBeat.com reports.
Several other equities research analysts have also recently weighed in on BARC. Jefferies Financial Group restated a “buy” rating and set a GBX 335 ($4.40) target price on shares of Barclays in a report on Tuesday, May 21st. Shore Capital reaffirmed a “buy” rating on shares of Barclays in a research note on Wednesday, June 19th. Berenberg Bank restated a “buy” rating and set a GBX 280 ($3.68) target price on shares of Barclays in a report on Thursday, May 16th. JPMorgan Chase & Co. raised their price objective on shares of Barclays from GBX 240 ($3.16) to GBX 270 ($3.55) and gave the stock an “overweight” rating in a report on Wednesday, July 3rd. Finally, Royal Bank of Canada reduced their price target on Barclays from GBX 260 ($3.42) to GBX 250 ($3.29) and set an “outperform” rating on the stock in a research note on Thursday, June 13th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 276 ($3.63).
Check Out Our Latest Report on Barclays
Barclays Stock Down 1.8 %
Insiders Place Their Bets
In other news, insider Anna Cross sold 53,422 shares of the business’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of GBX 203 ($2.67), for a total value of £108,446.66 ($142,599.16). In other news, insider Anna Cross sold 53,422 shares of the stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of GBX 203 ($2.67), for a total transaction of £108,446.66 ($142,599.16). Also, insider Dawn Fitzpatrick acquired 5,259 shares of the stock in a transaction on Friday, August 2nd. The shares were acquired at an average price of GBX 210 ($2.76) per share, with a total value of £11,043.90 ($14,521.89). 1.46% of the stock is currently owned by company insiders.
Barclays Company Profile
Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
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