Trading Report: Today, Barclays PLC’s (BARC) “Hold” Rating Reaffirm at Deutsche Bank AG

Today, Barclays PLC’s (BARC) “Hold” Rating Reaffirm at Deutsche Bank AG

Deutsche Bank AG reissued their hold rating on shares of Barclays PLC (LON:BARC) in a report issued on Thursday. They currently have a GBX 198 ($2.47) price objective on the financial services provider’s stock.

Other equities analysts have also recently issued research reports about the company. BNP Paribas restated a neutral rating and set a GBX 165 ($2.06) target price on shares of Barclays PLC in a report on Monday, August 1st. Societe Generale restated a buy rating and set a GBX 185 ($2.31) target price on shares of Barclays PLC in a report on Thursday, September 15th. Citigroup Inc. raised their target price on Barclays PLC from GBX 110 ($1.37) to GBX 130 ($1.62) and gave the stock a sell rating in a report on Wednesday, August 3rd. S&P Global Inc. set a GBX 165 ($2.06) target price on Barclays PLC and gave the stock a neutral rating in a report on Friday, July 29th. Finally, Macquarie raised their target price on Barclays PLC from GBX 175 ($2.19) to GBX 200 ($2.50) and gave the stock an outperform rating in a report on Tuesday, August 2nd. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of GBX 203.32 ($2.54).

Shares of Barclays PLC (LON:BARC) opened at 215.3055 on Thursday. Barclays PLC has a 52 week low of GBX 121.10 and a 52 week high of GBX 238.10. The company’s market cap is GBX 51.34 billion. The company has a 50 day moving average price of GBX 188.95 and a 200 day moving average price of GBX 169.50.

In related news, insider Tristram Roberts sold 150,931 shares of the company’s stock in a transaction dated Thursday, November 10th. The stock was sold at an average price of GBX 204 ($2.55), for a total transaction of £307,899.24 ($384,681.71).

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