Barclays PLC (LON:BARC) received a GBX 200 ($2.50) price target from investment analysts at Goldman Sachs Group Inc. in a report released on Friday. The brokerage currently has a “neutral” rating on the financial services provider’s stock. Goldman Sachs Group Inc.’s price objective points to a potential downside of 7.17% from the company’s previous close.
Several other equities research analysts also recently issued reports on BARC. BNP Paribas reissued a “neutral” rating and set a GBX 165 ($2.06) price objective on shares of Barclays PLC in a research report on Monday, August 1st. JPMorgan Chase & Co. reduced their target price on shares of Barclays PLC from GBX 180 ($2.25) to GBX 175 ($2.19) and set a “neutral” rating for the company in a report on Thursday, August 11th. Morgan Stanley set a GBX 190 ($2.37) target price on shares of Barclays PLC and gave the stock a “neutral” rating in a report on Friday, October 28th. Macquarie increased their target price on shares of Barclays PLC from GBX 175 ($2.19) to GBX 200 ($2.50) and gave the stock an “outperform” rating in a report on Tuesday, August 2nd. Finally, Deutsche Bank AG increased their target price on shares of Barclays PLC from GBX 160 ($2.00) to GBX 170 ($2.12) and gave the stock a “hold” rating in a report on Monday, August 1st. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of GBX 203.32 ($2.54).
Barclays PLC (LON:BARC) opened at 215.45 on Friday. The stock’s 50 day moving average is GBX 188.95 and its 200 day moving average is GBX 169.50. The company’s market cap is GBX 51.37 billion. Barclays PLC has a 12-month low of GBX 121.10 and a 12-month high of GBX 238.10.
In other Barclays PLC news, insider Tristram Roberts sold 150,931 shares of the business’s stock in a transaction on Thursday, November 10th. The shares were sold at an average price of GBX 204 ($2.55), for a total transaction of £307,899.24 ($384,681.71).