Deutsche Bank reaffirmed their buy rating on shares of Barclays (LON:BARC) in a research note published on Friday morning, ThisIsMoney.Co.Uk reports.
Several other brokerages also recently issued reports on BARC. JPMorgan Chase & Co. set a GBX 220 ($2.87) price objective on shares of Barclays and gave the stock a buy rating in a research report on Thursday. Jefferies Financial Group restated a buy rating and set a GBX 280 ($3.66) price objective on shares of Barclays in a research report on Monday, July 22nd. UBS Group reaffirmed a buy rating on shares of Barclays in a report on Monday, July 29th. Shore Capital reaffirmed a buy rating on shares of Barclays in a report on Thursday. Finally, HSBC set a GBX 220 ($2.87) target price on shares of Barclays and gave the stock a buy rating in a report on Tuesday, July 9th. One analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average target price of GBX 210.86 ($2.76).
BARC stock traded down GBX 2.72 ($0.04) during mid-day trading on Friday, hitting GBX 153.16 ($2.00). 214,718,672 shares of the company were exchanged, compared to its average volume of 50,310,000. The business has a 50 day simple moving average of GBX 154.47. The firm has a market cap of $26.41 billion and a PE ratio of 7.94. Barclays has a 1-year low of GBX 145 ($1.89) and a 1-year high of GBX 197.50 ($2.58).
In related news, insider Crawford S. Gillies bought 30,000 shares of the business’s stock in a transaction on Thursday, May 9th. The shares were purchased at an average price of GBX 158 ($2.06) per share, for a total transaction of £47,400 ($61,936.50).
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 financial services, including retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
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