Barclays PLC (BARC) Given a GBX 170 Price Target by Goldman Sachs Group, Inc. (The) Analysts
Goldman Sachs Group, Inc. (The) set a GBX 170 ($2.24) target price on Barclays PLC (LON:BARC) in a report released on Wednesday. The brokerage currently has a sell rating on the financial services provider’s stock.
Other equities analysts have also recently issued research reports about the stock. J P Morgan Chase & Co set a GBX 240 ($3.16) price objective on shares of Barclays PLC and gave the stock a buy rating in a research report on Thursday, August 10th. Deutsche Bank AG lowered their price objective on shares of Barclays PLC from GBX 230 ($3.03) to GBX 229 ($3.01) and set a buy rating for the company in a research report on Monday, July 31st. Investec reaffirmed a buy rating and set a GBX 245 ($3.22) price objective on shares of Barclays PLC in a research report on Friday, July 28th. UBS AG set a GBX 235 ($3.09) price objective on shares of Barclays PLC and gave the stock a buy rating in a research report on Friday, July 28th. Finally, Shore Capital reaffirmed a buy rating on shares of Barclays PLC in a research report on Friday, July 28th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of Hold and an average target price of GBX 217.12 ($2.86).
Barclays PLC (LON BARC) traded down GBX 0.30 ($0.00) during trading hours on Wednesday, hitting GBX 179.15 ($2.36). 56,936,029 shares of the company were exchanged, compared to its average volume of 45,960,000. Barclays PLC has a 1 year low of GBX 178.40 ($2.35) and a 1 year high of GBX 267.32 ($3.52).
In other Barclays PLC news, insider Matthew Lester acquired 10,000 shares of the stock in a transaction on Wednesday, September 13th. The shares were bought at an average cost of GBX 192 ($2.53) per share, with a total value of £19,200 ($25,253.19). Also, insider Tristram Roberts acquired 74,869 shares of the stock in a transaction on Friday, September 29th. The shares were acquired at an average cost of GBX 192 ($2.53) per share, for a total transaction of £143,748.48 ($189,068.10). Insiders have acquired a total of 114,869 shares of company stock worth $21,784,848 over the last three months.
Barclays PLC Company Profile
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