Goldman Sachs Group, Inc. (The) Boosts Barclays PLC (BARC) Price Target to GBX 190

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).

Analyst Recommendations for Barclays PLC (LON:BARC)

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.

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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

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