Goldman Sachs Analysts Give Barclays (BARC) a GBX 220 Price Target

Barclays (LON:BARC) has been given a GBX 220 ($3.09) target price by Goldman Sachs in a report released on Monday. The brokerage currently has a “neutral” rating on the financial services provider’s stock. Goldman Sachs’ price objective suggests a potential upside of 4.99% from the company’s current price.

Other equities research analysts have also issued research reports about the company. Morgan Stanley set a GBX 230 ($3.23) price objective on Barclays and gave the company a “buy” rating in a research note on Wednesday, December 13th. UBS set a GBX 225 ($3.16) price objective on Barclays and gave the company a “buy” rating in a research note on Monday, February 12th. Deutsche Bank restated a “buy” rating and set a GBX 234 ($3.28) price objective on shares of Barclays in a research note on Monday, February 5th. Cfra set a GBX 270 ($3.79) price objective on Barclays and gave the company a “buy” rating in a research note on Thursday, February 22nd. Finally, Shore Capital restated a “buy” rating on shares of Barclays in a research note on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the stock. Barclays presently has an average rating of “Buy” and a consensus price target of GBX 226.95 ($3.19).

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Shares of LON BARC opened at GBX 209.55 ($2.94) on Monday. Barclays has a fifty-two week low of GBX 177.30 ($2.49) and a fifty-two week high of GBX 235.35 ($3.30).

In other news, insider Mike Turner bought 10,000 shares of the firm’s stock in a transaction dated Friday, February 23rd. The stock was bought at an average price of GBX 210 ($2.95) per share, for a total transaction of £21,000 ($29,477.82).

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Barclays Company Profile

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.

Analyst Recommendations for Barclays (LON:BARC)

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