Barclays PLC (BARC) Receives Sell Rating from Goldman Sachs Group, Inc. (The)
Barclays PLC (LON:BARC)‘s stock had its “sell” rating reiterated by research analysts at Goldman Sachs Group, Inc. (The) in a report released on Wednesday.
Several other brokerages have also recently weighed in on BARC. Jefferies Group LLC restated a “hold” rating and set a GBX 232 ($3.00) target price on shares of Barclays PLC in a report on Monday, June 12th. Shore Capital restated a “buy” rating on shares of Barclays PLC in a report on Friday, July 28th. BNP Paribas restated an “outperform” rating and set a GBX 240 ($3.10) target price on shares of Barclays PLC in a report on Wednesday, July 19th. Investec restated a “buy” rating and set a GBX 245 ($3.16) target price on shares of Barclays PLC in a report on Tuesday, June 20th. Finally, UBS AG set a GBX 235 ($3.03) target price on Barclays PLC and gave the company a “buy” rating in a report on Friday, August 18th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 226.83 ($2.93).
Barclays PLC (LON BARC) traded up 1.96% during trading on Wednesday, hitting GBX 187.60. The company had a trading volume of 31,970,819 shares. Barclays PLC has a 1-year low of GBX 155.95 and a 1-year high of GBX 267.32. The company’s 50 day moving average price is GBX 199.43 and its 200-day moving average price is GBX 210.98. The stock’s market capitalization is GBX 31.99 billion.
Barclays PLC (LON:BARC) last issued its earnings results on Thursday, July 27th. The financial services provider reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $5.37 by $5.40. On average, analysts expect that Barclays PLC will post $18.50 EPS for the current year.
In other news, insider Tim J. Breedon purchased 3,224 shares of the company’s stock in a transaction dated Monday, July 31st. The shares were purchased at an average cost of GBX 202 ($2.61) per share, for a total transaction of £6,512.48 ($8,410.80).
About Barclays PLC
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