Barclays (BARC) Given a GBX 230 Price Target at Morgan Stanley
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).
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