Barclays (LON:BARC) received a GBX 230 ($3.10) price objective from investment analysts at Morgan Stanley in a research report issued to clients and investors on Wednesday. The firm currently has a “buy” rating on the financial services provider’s stock. Morgan Stanley’s target price would indicate a potential upside of 13.44% from the stock’s previous close.

Several other equities research analysts also recently commented on BARC. Goldman Sachs Group reiterated a “sell” rating on shares of Barclays in a research note on Wednesday, September 6th. Deutsche Bank lifted their price objective on shares of Barclays from GBX 229 ($3.08) to GBX 231 ($3.11) and gave the stock a “buy” rating in a research note on Monday, September 4th. UBS set a GBX 220 ($2.96) price objective on shares of Barclays and gave the stock a “buy” rating in a research note on Monday, November 6th. Credit Suisse Group reiterated an “outperform” rating and set a GBX 230 ($3.10) price objective on shares of Barclays in a research note on Thursday, November 16th. Finally, reiterated a “buy” rating and set a GBX 240 ($3.23) price objective on shares of Barclays in a research note on Wednesday, November 8th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of GBX 217.89 ($2.93).

Shares of Barclays (LON BARC) opened at GBX 202.75 ($2.73) on Wednesday. Barclays has a one year low of GBX 177.30 ($2.39) and a one year high of GBX 244.40 ($3.29).

In related news, insider Tristram Roberts bought 74,869 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The shares were purchased at an average cost of GBX 192 ($2.58) per share, with a total value of £143,748.48 ($193,470.36). Also, insider Ian Cheshire bought 30,000 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The stock was bought at an average cost of GBX 183 ($2.46) per share, for a total transaction of £54,900 ($73,889.64).

TRADEMARK VIOLATION WARNING: “Barclays (BARC) Given a GBX 230 Price Target at Morgan Stanley” was first reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another website, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The original version of this piece can be accessed at https://www.americanbankingnews.com/2017/12/13/barclays-barc-given-a-gbx-230-price-target-at-morgan-stanley.html.

Barclays Company Profile

Analyst Recommendations for Barclays (LON:BARC)

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