Barclays PLC (BARC) PT Set at GBX 170 by Goldman Sachs Group, Inc. (The)

Barclays PLC (LON:BARC) received a GBX 170 ($2.24) price target from Goldman Sachs Group, Inc. (The) in a report released on Monday. The firm presently has a “sell” rating on the financial services provider’s stock. Goldman Sachs Group, Inc. (The)’s price objective points to a potential downside of 10.15% from the stock’s current price.

Several other research firms have also issued reports on BARC. Shore Capital reaffirmed a “buy” rating on shares of Barclays PLC in a report on Friday, July 28th. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 230 ($3.03) target price on shares of Barclays PLC in a report on Thursday, November 16th. UBS AG set a GBX 235 ($3.09) target price on Barclays PLC and gave the company a “buy” rating in a report on Friday, August 18th. reiterated a “buy” rating and issued a GBX 240 ($3.16) price objective on shares of Barclays PLC in a research note on Wednesday, November 8th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 240 ($3.16) price objective on shares of Barclays PLC in a research note on Thursday, October 26th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 217.28 ($2.86).

Barclays PLC (BARC) opened at GBX 189.20 ($2.49) on Monday. Barclays PLC has a twelve month low of GBX 177.30 ($2.33) and a twelve month high of GBX 267.32 ($3.52).

COPYRIGHT VIOLATION NOTICE: This article was first posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this article can be viewed at https://www.truebluetribune.com/2017/11/22/barclays-plc-barc-pt-set-at-gbx-170-by-goldman-sachs-group-inc-the.html.

In other Barclays PLC news, insider Ian Cheshire bought 30,000 shares of the stock in a transaction dated Friday, October 27th. The stock was purchased at an average cost of GBX 183 ($2.41) per share, for a total transaction of £54,900 ($72,208.34). Also, insider Tristram Roberts bought 74,869 shares of the stock in a transaction dated Friday, September 29th. The shares were acquired at an average price of GBX 192 ($2.53) per share, with a total value of £143,748.48 ($189,068.10). Insiders have bought 114,869 shares of company stock valued at $21,784,848 over the last quarter.

Barclays PLC Company Profile

Analyst Recommendations for Barclays PLC (LON:BARC)

Receive News & Ratings for Barclays PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply