Barclays PLC (LON:BARC) Given a GBX 250 Price Target at HSBC Holdings plc

Barclays PLC (LON:BARC) received a GBX 250 ($3.26) price objective from analysts at HSBC Holdings plc in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the financial services provider’s stock. HSBC Holdings plc’s price target would indicate a potential upside of 25.41% from the stock’s previous close.

Other equities research analysts have also issued research reports about the company. S&P Global set a GBX 250 ($3.26) price objective on Barclays PLC and gave the company a “buy” rating in a research note on Friday, April 28th. Beaufort Securities reissued a “buy” rating on shares of Barclays PLC in a research note on Tuesday, May 2nd. Deutsche Bank AG dropped their price objective on Barclays PLC from GBX 267 ($3.48) to GBX 250 ($3.26) and set a “buy” rating for the company in a research note on Friday, April 21st. Morgan Stanley set a GBX 280 ($3.65) price objective on Barclays PLC and gave the company a “buy” rating in a research note on Thursday, April 20th. Finally, UBS AG set a GBX 235 ($3.06) price objective on Barclays PLC and gave the company a “buy” rating in a research note on Saturday, May 20th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 226.72 ($2.95).

Shares of Barclays PLC (BARC) opened at 199.35 on Friday. The company’s market capitalization is GBX 34.00 billion. Barclays PLC has a 12 month low of GBX 155.95 and a 12 month high of GBX 267.32. The company’s 50 day moving average price is GBX 206.37 and its 200 day moving average price is GBX 215.95.

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In other news, insider Tim J. Breedon bought 3,224 shares of Barclays PLC stock in a transaction on Monday, July 31st. The shares were purchased at an average price of GBX 202 ($2.63) per share, for a total transaction of £6,512.48 ($8,480.90).

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