Barclays PLC (BARC) Given “Outperform” Rating at Credit Suisse Group

Barclays PLC (LON:BARC)‘s stock had its “outperform” rating reaffirmed by Credit Suisse Group in a report issued on Thursday. They currently have a GBX 230 ($3.03) target price on the financial services provider’s stock. Credit Suisse Group’s price target suggests a potential upside of 26.10% from the company’s current price.

A number of other research analysts have also issued reports on the company. UBS AG set a GBX 220 ($2.89) target price on Barclays PLC and gave the company a “buy” rating in a report on Tuesday. Royal Bank Of Canada set a GBX 200 ($2.63) target price on Barclays PLC and gave the company a “neutral” rating in a report on Thursday, November 9th. Goldman Sachs Group, Inc. (The) set a GBX 170 ($2.24) target price on Barclays PLC and gave the company a “sell” rating in a report on Wednesday, November 8th. reiterated a “buy” rating and issued a GBX 240 ($3.16) target price on shares of Barclays PLC in a report on Wednesday, November 8th. Finally, Deutsche Bank AG cut their price target on Barclays PLC from GBX 226 ($2.97) to GBX 210 ($2.76) and set a “buy” rating on the stock in a research note on Monday, November 6th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company. Barclays PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 217.12 ($2.86).

Barclays PLC (LON BARC) opened at GBX 182.40 ($2.40) on Thursday. Barclays PLC has a fifty-two week low of GBX 177.30 ($2.33) and a fifty-two week high of GBX 267.32 ($3.52).

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In other Barclays PLC news, insider Matthew Lester acquired 10,000 shares of the stock in a transaction on Wednesday, September 13th. The shares were bought at an average price of GBX 192 ($2.53) per share, with a total value of £19,200 ($25,253.19). Also, insider Ian Cheshire acquired 30,000 shares of the stock in a transaction on Friday, October 27th. The stock was acquired at an average cost of GBX 183 ($2.41) per share, for a total transaction of £54,900 ($72,208.34). Insiders acquired a total of 114,869 shares of company stock worth $21,784,848 in the last ninety days.

About Barclays PLC

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