Barclays PLC (LON:BARC) had its price objective lifted by HSBC from GBX 190 ($2.37) to GBX 250 ($3.12) in a research report sent to investors on Wednesday morning. HSBC currently has a buy rating on the financial services provider’s stock.
BARC has been the topic of a number of other reports. Societe Generale restated a buy rating and set a GBX 185 ($2.31) price target on shares of Barclays PLC in a research report on Friday, September 9th. JPMorgan Chase & Co. restated a neutral rating on shares of Barclays PLC in a research report on Thursday, October 20th. Morgan Stanley set a GBX 190 ($2.37) price target on shares of Barclays PLC and gave the stock a neutral rating in a research report on Friday, October 28th. Goldman Sachs Group Inc. set a GBX 175 ($2.19) price target on shares of Barclays PLC and gave the stock a neutral rating in a research report on Tuesday, August 9th. Finally, BNP Paribas restated an outperform rating and set a GBX 205 ($2.56) price target on shares of Barclays PLC in a research report on Tuesday, November 8th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have issued a buy rating to the stock. Barclays PLC currently has a consensus rating of Hold and a consensus target price of GBX 205.72 ($2.57).
Barclays PLC (LON:BARC) opened at 211.75 on Wednesday. Barclays PLC has a 12 month low of GBX 121.10 and a 12 month high of GBX 238.10. The stock’s 50 day moving average is GBX 190.12 and its 200-day moving average is GBX 169.82. The stock’s market capitalization is GBX 50.49 billion.
In other news, insider Tristram Roberts sold 150,931 shares of the firm’s stock in a transaction on Thursday, November 10th. The shares were sold at an average price of GBX 204 ($2.55), for a total value of £307,899.24 ($384,681.71).