Goldman Sachs Group Analysts Give Barclays (BARC) a GBX 175 Price Target

Goldman Sachs Group set a GBX 175 ($2.37) price objective on Barclays (LON:BARC) in a research report report published on Wednesday. The brokerage currently has a sell rating on the financial services provider’s stock.

A number of other brokerages have also recently commented on BARC. Royal Bank of Canada set a GBX 215 ($2.92) target price on shares of Barclays and gave the company a neutral rating in a report on Monday, December 18th. Morgan Stanley set a GBX 230 ($3.12) target price on shares of Barclays and gave the company a buy rating in a report on Wednesday, December 13th. Shore Capital reaffirmed a buy rating on shares of Barclays in a report on Thursday, October 26th. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 240 ($3.25) target price on shares of Barclays in a report on Thursday, October 26th. Finally, Deutsche Bank reduced their target price on shares of Barclays from GBX 231 ($3.13) to GBX 226 ($3.06) and set a buy rating for the company in a report on Monday, October 23rd. Three analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 218.16 ($2.96).

Shares of Barclays (LON:BARC) opened at GBX 200.50 ($2.72) on Wednesday. Barclays has a twelve month low of GBX 177.30 ($2.40) and a twelve month high of GBX 244.40 ($3.31). The company has a market cap of $34,210.00 and a P/E ratio of 1,822.73.

In other Barclays news, insider Ian Cheshire acquired 30,000 shares of the stock in a transaction on Friday, October 27th. The stock was acquired at an average price of GBX 183 ($2.48) per share, for a total transaction of £54,900 ($74,450.77).

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Barclays Company Profile

Barclays PLC, is a global financial services holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International. The Barclays UK segment includes the local consumer, small business, the United Kingdom wealth and credit cards business.

Analyst Recommendations for Barclays (LON:BARC)

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