Today, Barclays PLC (BARC) PT Raised to GBX 200 at Goldman Sachs Group Inc.

Today, Barclays PLC (BARC) PT Raised to GBX 200 at Goldman Sachs Group Inc.
Barclays PLC (LON:BARC) had its price objective hoisted by investment analysts at Goldman Sachs Group Inc. from GBX 190 ($2.37) to GBX 200 ($2.50) in a note issued to investors on Friday. The firm currently has a “neutral” rating on the financial services provider’s stock. Goldman Sachs Group Inc.’s price target would indicate a potential downside of 7.17% from the stock’s previous close.

BARC has been the subject of several other research reports. BNP Paribas reissued a “neutral” rating and issued a GBX 165 ($2.06) price target on shares of Barclays PLC in a research note on Monday, August 1st. JPMorgan Chase & Co. decreased their price target on Barclays PLC from GBX 180 ($2.25) to GBX 175 ($2.19) and set a “neutral” rating for the company in a research note on Thursday, August 11th. Morgan Stanley set a GBX 190 ($2.37) price target on Barclays PLC and gave the company a “neutral” rating in a research note on Friday, October 28th. Macquarie increased their price target on Barclays PLC from GBX 175 ($2.19) to GBX 200 ($2.50) and gave the company an “outperform” rating in a research note on Tuesday, August 2nd. Finally, Deutsche Bank AG increased their price target on Barclays PLC from GBX 160 ($2.00) to GBX 170 ($2.12) and gave the company a “hold” rating in a research note on Monday, August 1st. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 203.32 ($2.54).

Shares of Barclays PLC (LON:BARC) opened at 215.25 on Friday. The firm has a 50-day moving average price of GBX 188.95 and a 200 day moving average price of GBX 169.50. The company’s market cap is GBX 51.33 billion. Barclays PLC has a 1-year low of GBX 121.10 and a 1-year high of GBX 238.10.

In other news, insider Tristram Roberts sold 150,931 shares of the business’s stock in a transaction dated Thursday, November 10th. The stock was sold at an average price of GBX 204 ($2.55), for a total value of £307,899.24 ($384,681.71).

About Barclays PLC

Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays Corporate & International. The Barclays UK segment incorporates the UK Personal, small UK Corporate and UK Wealth businesses, and the Barclaycard UK consumer credit cards business.

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