Barclays PLC (LON:BARC)‘s stock had its “sell” rating reiterated by investment analysts at Goldman Sachs Group, Inc. (The) in a research note issued to investors on Wednesday. They currently have a GBX 180 ($2.33) price target on the financial services provider’s stock. Goldman Sachs Group, Inc. (The)’s price objective would suggest a potential downside of 13.06% from the stock’s current price.

Other equities research analysts have also issued research reports about the stock. J P Morgan Chase & Co upped their price target on shares of Barclays PLC from GBX 215 ($2.78) to GBX 225 ($2.91) and gave the company a ” neutral” rating in a research report on Wednesday, March 1st. Deutsche Bank AG set a GBX 267 ($3.46) price target on shares of Barclays PLC and gave the company a “buy” rating in a research report on Thursday, March 16th. HSBC Holdings plc reaffirmed a “buy” rating and set a GBX 260 ($3.37) price target on shares of Barclays PLC in a research report on Tuesday, April 11th. Morgan Stanley set a GBX 280 ($3.63) price target on shares of Barclays PLC and gave the company a “buy” rating in a research report on Thursday, April 20th. Finally, S&P Global set a GBX 250 ($3.24) price target on shares of Barclays PLC and gave the company a “buy” rating in a research report on Friday, April 28th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 232.47 ($3.01).

Barclays PLC (LON BARC) traded up 2.12% during mid-day trading on Wednesday, reaching GBX 207.05. 25,195,249 shares of the company were exchanged. Barclays PLC has a one year low of GBX 130.15 and a one year high of GBX 267.32. The stock has a 50-day moving average price of GBX 207.32 and a 200 day moving average price of GBX 220.53. The company’s market capitalization is GBX 35.04 billion.

COPYRIGHT VIOLATION NOTICE: “Goldman Sachs Group, Inc. (The) Reiterates Sell Rating for Barclays PLC (BARC)” was first published by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this piece can be read at https://www.americanbankingnews.com/2017/07/03/goldman-sachs-group-inc-the-reiterates-sell-rating-for-barclays-plc-barc.html.

In other news, insider Ian Cheshire bought 50,000 shares of the stock in a transaction dated Tuesday, May 2nd. The stock was purchased at an average cost of GBX 210 ($2.72) per share, for a total transaction of £105,000 ($136,010.36).

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.