Barclays PLC (BARC) Price Target Raised to GBX 180 at Goldman Sachs Group, Inc. (The)
Barclays PLC (LON:BARC) had its target price increased by equities research analysts at Goldman Sachs Group, Inc. (The) to GBX 180 ($2.29) in a research report issued on Thursday, MarketBeat reports. The brokerage currently has a “sell” rating on the financial services provider’s stock. Goldman Sachs Group, Inc. (The)’s price objective indicates a potential downside of 8.88% from the company’s current price.
BARC has been the topic of a number of other reports. Deutsche Bank AG set a GBX 267 ($3.40) price target on Barclays PLC and gave the company a “buy” rating in a research note on Monday, April 10th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 220 ($2.80) price objective on shares of Barclays PLC in a report on Thursday, February 23rd. Shore Capital reaffirmed a “hold” rating and set a GBX 235 ($2.99) price objective on shares of Barclays PLC in a report on Thursday, February 23rd. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 260 ($3.31) price objective on shares of Barclays PLC in a report on Tuesday, March 28th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 215 ($2.74) price objective on shares of Barclays PLC in a report on Friday, February 24th. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company. Barclays PLC currently has an average rating of “Hold” and an average price target of GBX 225.67 ($2.88).
Barclays PLC (LON BARC) opened at 197.55 on Thursday. Barclays PLC has a 52 week low of GBX 121.10 and a 52 week high of GBX 267.32. The stock’s market capitalization is GBX 33.43 billion. The company’s 50-day moving average price is GBX 208.72 and its 200 day moving average price is GBX 221.85.
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In other Barclays PLC news, insider Ian Cheshire purchased 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 2nd. The stock was purchased at an average cost of GBX 210 ($2.68) per share, with a total value of £105,000 ($133,775.00).
Barclays PLC Company Profile
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