Barclays (BARC) PT Set at GBX 175 by Goldman Sachs Group

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

BARC has been the topic of several other research reports. reaffirmed a buy rating and issued a GBX 250 ($3.39) price target on shares of Barclays in a research note on Thursday, September 28th. UBS Group set a GBX 220 ($2.98) target price on shares of Barclays and gave the stock a buy rating in a report on Monday, November 6th. Citigroup reiterated a sell rating on shares of Barclays in a report on Wednesday, December 6th. Jefferies Group set a GBX 205 ($2.78) target price on shares of Barclays and gave the stock a neutral rating in a report on Friday, December 8th. Finally, Morgan Stanley set a GBX 230 ($3.12) target price on shares of Barclays and gave the stock a buy rating in a report on Wednesday, December 13th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of GBX 218.16 ($2.96).

Barclays (LON BARC) opened at GBX 200.50 ($2.72) on Wednesday. The company has a market cap of $34,210.00 and a PE ratio of 1,822.73. Barclays has a 12 month low of GBX 177.30 ($2.40) and a 12 month high of GBX 244.40 ($3.31).

In related news, insider Ian Cheshire bought 30,000 shares of the stock in a transaction that occurred on Friday, October 27th. The stock was bought at an average cost 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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