Barclays PLC (NYSE:BCS)‘s stock had its “neutral” rating reissued by stock analysts at Goldman Sachs Group Inc. in a research note issued to investors on Thursday.

A number of other analysts also recently commented on the company. Vetr upgraded Barclays PLC from a “sell” rating to a “hold” rating and set a $8.22 target price on the stock in a research report on Tuesday, October 11th. Zacks Investment Research upgraded Barclays PLC from a “hold” rating to a “strong-buy” rating and set a $11.00 target price on the stock in a research report on Friday, September 9th. Investec upgraded Barclays PLC from a “hold” rating to a “buy” rating in a research report on Wednesday, October 19th. Citigroup Inc. restated a “sell” rating on shares of Barclays PLC in a research report on Wednesday, August 31st. Finally, Exane BNP Paribas upgraded Barclays PLC from a “neutral” rating to an “outperform” rating in a research report on Monday, August 8th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $35.71.

Analyst Recommendations for Barclays PLC (NYSE:BCS)

Shares of Barclays PLC (NYSE:BCS) opened at 10.75 on Thursday. The company’s 50 day moving average price is $9.40 and its 200-day moving average price is $9.00. Barclays PLC has a 12 month low of $6.76 and a 12 month high of $14.13. The firm’s market capitalization is $64.08 billion.

ILLEGAL ACTIVITY WARNING: This report was originally posted by Daily Political and is the sole property of of Daily Political. If you are accessing this report on another site, it was illegally stolen and reposted in violation of US and international copyright law. The original version of this report can be accessed at http://www.dailypolitical.com/2016/12/01/barclays-plc-bcs-rating-reiterated-by-goldman-sachs-group-inc.html.

Several large investors have recently bought and sold shares of the stock. Private Bank & Trust Co. raised its stake in Barclays PLC by 28.1% in the second quarter. Private Bank & Trust Co. now owns 27,637 shares of the financial services provider’s stock worth $210,000 after buying an additional 6,070 shares during the period. Quantbot Technologies LP bought a new stake in Barclays PLC during the second quarter worth about $270,000. Banco BTG Pactual S.A. raised its stake in Barclays PLC by 9.1% in the second quarter. Banco BTG Pactual S.A. now owns 176,614 shares of the financial services provider’s stock worth $1,342,000 after buying an additional 14,754 shares during the period. Oppenheimer & Co. Inc. bought a new stake in Barclays PLC during the second quarter worth about $128,000. Finally, Sanders Capital LLC raised its stake in Barclays PLC by 8.2% in the second quarter. Sanders Capital LLC now owns 482,247 shares of the financial services provider’s stock worth $3,665,000 after buying an additional 36,458 shares during the period. Institutional investors and hedge funds own 2.61% of the company’s stock.

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.

5 Day Chart for NYSE:BCS

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.