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).
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
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