Several other analysts have also recently commented on the stock. The Goldman Sachs Group reduced their price objective on shares of Barclays from GBX 280 ($3.66) to GBX 270 ($3.53) and set a buy rating for the company in a research note on Thursday, August 5th. Shore Capital restated a buy rating on shares of Barclays in a report on Wednesday, July 28th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Barclays from GBX 230 ($3.00) to GBX 240 ($3.14) and gave the company a buy rating in a report on Thursday, July 29th. UBS Group set a GBX 220 ($2.87) target price on shares of Barclays in a report on Wednesday, September 1st. Finally, Royal Bank of Canada set a GBX 190 ($2.48) target price on shares of Barclays in a report on Thursday, August 5th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of Buy and an average price target of GBX 238.67 ($3.12).
Shares of LON BARC opened at GBX 182.72 ($2.39) on Friday. Barclays has a 52 week low of GBX 88.90 ($1.16) and a 52 week high of GBX 210.45 ($2.75). The firm has a 50-day moving average price of GBX 178.46 and a 200 day moving average price of GBX 179.28. The stock has a market capitalization of £30.91 billion and a price-to-earnings ratio of 6.95.
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, rest of Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
Featured Article: What are popular green investing opportunities?
Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.