Barclays (BARC) Given a GBX 210 Price Target by Credit Suisse Group Analysts

Credit Suisse Group set a GBX 210 ($2.74) price target on Barclays (LON:BARC) in a research note published on Friday. The firm currently has a buy rating on the financial services provider’s stock.

A number of other research firms have also recently commented on BARC. Shore Capital reissued a buy rating on shares of Barclays in a research report on Thursday, August 2nd. Deutsche Bank set a GBX 239 ($3.12) target price on shares of Barclays and gave the stock a buy rating in a research report on Thursday, August 9th. Goldman Sachs Group set a GBX 215 ($2.81) target price on shares of Barclays and gave the stock a neutral rating in a research report on Wednesday, August 8th. JPMorgan Chase & Co. set a GBX 250 ($3.27) target price on shares of Barclays and gave the stock a buy rating in a research report on Thursday, August 2nd. Finally, UBS Group reissued a buy rating and set a GBX 235 ($3.07) target price (down from GBX 240 ($3.14)) on shares of Barclays in a research report on Monday, August 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of GBX 226.12 ($2.95).

Shares of LON BARC traded down GBX 2.10 ($0.03) during trading on Friday, reaching GBX 176.80 ($2.31). 41,871,763 shares of the stock were exchanged, compared to its average volume of 50,310,000. Barclays has a twelve month low of GBX 177.30 ($2.32) and a twelve month high of GBX 235.35 ($3.08).

In related news, insider Mary Anne Citrino purchased 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 11th. The shares were purchased at an average cost of GBX 176 ($2.30) per share, with a total value of £3,520 ($4,599.50). Also, insider James E. Staley purchased 168,860 shares of the business’s stock in a transaction that occurred on Friday, September 28th. The stock was bought at an average cost of GBX 174 ($2.27) per share, for a total transaction of £293,816.40 ($383,923.17).

About Barclays

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 personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.

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Analyst Recommendations for Barclays (LON:BARC)

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