Barclays (LON:BARC) Share Price Passes Above 200-Day Moving Average of $157.40

Barclays PLC (LON:BARCGet Rating) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 157.40 ($1.85) and traded as high as GBX 159.18 ($1.87). Barclays shares last traded at GBX 158.22 ($1.86), with a volume of 22,108,916 shares traded.

Analysts Set New Price Targets

BARC has been the topic of a number of research analyst reports. Credit Suisse Group set a GBX 250 ($2.94) target price on Barclays in a research report on Thursday, October 27th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 230 ($2.70) target price on shares of Barclays in a research report on Thursday, November 3rd. The Goldman Sachs Group set a GBX 250 ($2.94) target price on Barclays in a research report on Thursday, October 27th. UBS Group set a GBX 262 ($3.08) target price on Barclays in a research report on Wednesday, October 26th. Finally, set a GBX 230 ($2.70) target price on Barclays in a research report on Friday, July 29th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 237.89 ($2.80).

Barclays Stock Up 1.0 %

The company has a market cap of £25.09 billion and a P/E ratio of 510.39. The firm has a 50 day moving average of GBX 153.49 and a 200-day moving average of GBX 157.40.

About Barclays

(Get Rating)

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.

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