Barclays PLC (LON:BARC) has been assigned a GBX 170 ($2.24) target price by investment analysts at Goldman Sachs Group, Inc. (The) in a note issued to investors on Wednesday. The firm presently has a “sell” rating on the financial services provider’s stock. Goldman Sachs Group, Inc. (The)’s price objective would indicate a potential downside of 5.03% from the stock’s current price.

Several other research firms have also issued reports on BARC. J P Morgan Chase & Co set a GBX 240 ($3.16) target price on shares of Barclays PLC and gave the stock a “buy” rating in a report on Thursday, August 10th. Deutsche Bank AG lowered their target price on shares of Barclays PLC from GBX 230 ($3.03) to GBX 229 ($3.01) and set a “buy” rating for the company in a report on Monday, July 31st. Investec restated a “buy” rating and issued a GBX 245 ($3.22) target price on shares of Barclays PLC in a report on Friday, July 28th. UBS AG set a GBX 235 ($3.09) target price on shares of Barclays PLC and gave the stock a “buy” rating in a report on Friday, July 28th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Barclays PLC in a research note on Friday, July 28th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 217.12 ($2.86).

Barclays PLC (LON BARC) opened at GBX 179 ($2.35) on Wednesday. Barclays PLC has a 12-month low of GBX 175.46 ($2.31) and a 12-month high of GBX 267.32 ($3.52).

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In related news, insider Tristram Roberts purchased 74,869 shares of the company’s stock in a transaction on Friday, September 29th. The shares were bought at an average cost of GBX 192 ($2.53) per share, for a total transaction of £143,748.48 ($189,068.10). Also, insider Matthew Lester purchased 10,000 shares of the company’s stock in a transaction on Wednesday, September 13th. The stock was bought at an average price of GBX 192 ($2.53) per share, for a total transaction of £19,200 ($25,253.19). Insiders acquired 114,869 shares of company stock worth $21,784,848 in the last ninety days.

Barclays PLC Company Profile

Analyst Recommendations for Barclays PLC (LON:BARC)

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