Barclays PLC (BARC) Given a GBX 170 Price Target by Goldman Sachs Group, Inc. (The) Analysts
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).
WARNING: This report was reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this report on another domain, it was illegally copied and reposted in violation of US & international trademark & copyright legislation. The legal version of this report can be accessed at https://theolympiareport.com/2017/11/10/barclays-plc-barc-given-a-gbx-170-price-target-by-goldman-sachs-group-inc-the-analysts.html.
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
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 Analyst Ratings Network's FREE daily email newsletter.