Goldman Sachs Group set a GBX 190 ($2.63) price objective on Barclays (LON:BARC) in a report published on Thursday. The brokerage currently has a sell rating on the financial services provider’s stock.
Other equities analysts have also issued research reports about the company. Bank of America raised Barclays to a buy rating and boosted their price objective for the stock from GBX 180 ($2.49) to GBX 220 ($3.04) in a research note on Monday, November 20th. UBS Group set a GBX 220 ($3.04) price objective on Barclays and gave the stock a buy rating in a research note on Tuesday, November 14th. reissued a buy rating and issued a GBX 240 ($3.32) price objective on shares of Barclays in a research note on Wednesday, November 8th. Deutsche Bank reduced their price objective on Barclays from GBX 226 ($3.12) to GBX 210 ($2.90) and set a buy rating on the stock in a research note on Monday, November 6th. Finally, Societe Generale set a GBX 240 ($3.32) price objective on Barclays and gave the stock a buy rating in a research note on Monday, October 30th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of GBX 221.26 ($3.06).
Barclays (LON BARC) opened at GBX 209.80 ($2.90) on Thursday. The company has a market capitalization of $35,800.00 and a price-to-earnings ratio of 1,834.09. Barclays has a one year low of GBX 177.30 ($2.45) and a one year high of GBX 244.40 ($3.38).
In other news, insider Mike Turner bought 10,000 shares of the company’s stock in a transaction dated Friday, February 23rd. The stock was bought at an average price of GBX 210 ($2.90) per share, for a total transaction of £21,000 ($29,013.54).
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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.
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