Barclays PLC (LON:BARC) had its price target boosted by analysts at Goldman Sachs Group, Inc. (The) from GBX 180 ($2.29) to GBX 190 ($2.42) in a research note issued on Thursday. The brokerage currently has a “sell” rating on the financial services provider’s stock. Goldman Sachs Group, Inc. (The)’s price objective indicates a potential downside of 5.07% from the stock’s current price.
Several other research firms also recently commented on BARC. S&P Global set a GBX 280 ($3.57) price objective on Barclays PLC and gave the stock a “buy” rating in a research note on Thursday, February 23rd. Shore Capital reaffirmed a “hold” rating and issued a GBX 235 ($2.99) price objective on shares of Barclays PLC in a research note on Thursday, February 23rd. Jefferies Group LLC reaffirmed a “hold” rating and issued a GBX 222 ($2.83) price objective on shares of Barclays PLC in a research note on Thursday, February 23rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 220 ($2.80) price objective on shares of Barclays PLC in a research note on Thursday, February 23rd. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 260 ($3.31) price objective on shares of Barclays PLC in a research note on Thursday, March 9th. Five investment analysts have rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 221.16 ($2.82).
Barclays PLC (LON BARC) opened at 196.75 on Thursday. The firm’s 50-day moving average price is GBX 208.72 and its 200-day moving average price is GBX 221.85. The stock’s market cap is GBX 33.30 billion. Barclays PLC has a 12-month low of GBX 121.10 and a 12-month high of GBX 267.32.
ILLEGAL ACTIVITY NOTICE: “Goldman Sachs Group, Inc. (The) Boosts Barclays PLC (BARC) Price Target to GBX 190” was posted by sleekmoney and is owned by of sleekmoney. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this article can be accessed at https://sleekmoney.com/goldman-sachs-group-inc-the-boosts-barclays-plc-barc-price-target-to-gbx-190/1930027.html.
In other Barclays PLC news, insider Ian Cheshire bought 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 2nd. The stock was purchased at an average price of GBX 210 ($2.68) per share, for a total transaction of £105,000 ($133,775.00).
About Barclays PLC
This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/goldman-sachs-group-inc-the-boosts-barclays-plc-barc-price-target-to-gbx-190/1930027.html
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 MarketBeat.com's FREE daily email newsletter.