Barclays (BARC) Given a GBX 210 Price Target by Goldman Sachs Group Analysts

Barclays (LON:BARC) has been given a GBX 210 ($2.74) target price by investment analysts at Goldman Sachs Group in a research report issued on Friday. The brokerage presently has a “neutral” rating on the financial services provider’s stock. Goldman Sachs Group’s target price suggests a potential upside of 27.63% from the company’s current price.

Several other research firms have also recently weighed in on BARC. Deutsche Bank restated a “buy” rating and set a GBX 239 ($3.12) target price (up from GBX 236 ($3.08)) on shares of Barclays in a research note on Friday, August 3rd. Cfra set a GBX 250 ($3.27) target price on Barclays and gave the stock a “buy” rating in a research note on Thursday, August 2nd. UBS Group set a GBX 235 ($3.07) target price on Barclays and gave the stock a “buy” rating in a research note on Thursday, October 4th. HSBC restated a “buy” rating and set a GBX 270 ($3.53) target price on shares of Barclays in a research note on Tuesday, October 2nd. Finally, JPMorgan Chase & Co. set a GBX 250 ($3.27) target price on Barclays and gave the stock a “buy” rating in a research note on Tuesday, September 11th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of GBX 225.94 ($2.95).

LON BARC opened at GBX 164.54 ($2.15) on Friday. Barclays has a fifty-two week low of GBX 177.30 ($2.32) and a fifty-two week high of GBX 235.35 ($3.08).

In other news, insider Mary Anne Citrino purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, September 11th. The stock was bought at an average cost of GBX 176 ($2.30) per share, for a total transaction of £3,520 ($4,599.50). Also, insider James E. Staley purchased 168,860 shares of the company’s stock in a transaction dated Friday, September 28th. The stock was purchased at an average price of GBX 174 ($2.27) per share, with a total value of £293,816.40 ($383,923.17).

About Barclays

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.

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Analyst Recommendations for Barclays (LON:BARC)

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