Barclays PLC (LON:BARC) received a GBX 180 ($2.39) price objective from stock analysts at Goldman Sachs Group Inc in a note issued to investors on Monday, October 9th. The brokerage presently has a “sell” rating on the financial services provider’s stock. Goldman Sachs Group Inc’s target price indicates a potential downside of 8.02% from the stock’s previous close.
A number of other research analysts have also recently weighed in on BARC. UBS AG set a GBX 235 ($3.12) price objective on shares of Barclays PLC and gave the company a “buy” rating in a research report on Wednesday, June 28th. HSBC Holdings plc restated a “buy” rating and issued a GBX 250 ($3.32) price target on shares of Barclays PLC in a report on Thursday, September 28th. Morgan Stanley set a GBX 250 ($3.32) price target on shares of Barclays PLC and gave the stock a “buy” rating in a report on Monday, July 17th. Citigroup Inc. restated a “sell” rating and issued a GBX 170 ($2.26) price target on shares of Barclays PLC in a report on Wednesday, September 27th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a GBX 232 ($3.08) price objective on shares of Barclays PLC in a research note on Monday, June 12th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 224 ($2.98).
Barclays PLC (BARC) opened at 195.70 on Monday. The firm’s market cap is GBX 33.37 billion. The stock’s 50 day moving average is GBX 190.14 and its 200-day moving average is GBX 202.97. Barclays PLC has a one year low of GBX 175.46 and a one year high of GBX 267.32.
In related news, insider Tristram Roberts purchased 74,869 shares of Barclays PLC stock in a transaction dated Friday, September 29th. The shares were acquired at an average price of GBX 192 ($2.55) per share, for a total transaction of £143,748.48 ($191,002.50). Also, insider Matthew Lester acquired 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The shares were acquired at an average cost of GBX 192 ($2.55) per share, with a total value of £19,200 ($25,511.56). Insiders acquired a total of 88,093 shares of company stock worth $16,946,096 in the last 90 days.
Barclays PLC Company Profile
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