Goldman Sachs Group restated their neutral rating on shares of Barclays (LON:BARC) in a research note released on Monday morning, Borsen Zeitung reports. The brokerage currently has a GBX 240 ($3.16) target price on the financial services provider’s stock.
Several other research firms have also issued reports on BARC. Jefferies Financial Group increased their price target on shares of Barclays from GBX 209 ($2.75) to GBX 244 ($3.21) and gave the stock a buy rating in a research report on Monday, December 16th. JPMorgan Chase & Co. reissued a top pick rating and issued a GBX 220 ($2.89) price target on shares of Barclays in a research report on Wednesday, January 15th. HSBC upped their price objective on shares of Barclays from GBX 200 ($2.63) to GBX 210 ($2.76) and gave the stock a buy rating in a research note on Tuesday, November 26th. UBS Group reaffirmed a buy rating on shares of Barclays in a research note on Monday, January 13th. Finally, Deutsche Bank upped their price objective on shares of Barclays from GBX 205 ($2.70) to GBX 208 ($2.74) and gave the stock a buy rating in a research note on Friday, November 29th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of GBX 210.42 ($2.77).
LON:BARC opened at GBX 174.48 ($2.30) on Monday. Barclays has a 12-month low of GBX 131.04 ($1.72) and a 12-month high of GBX 192.99 ($2.54). The firm has a market capitalization of $29.71 billion and a PE ratio of 17.28. The firm has a 50-day moving average price of GBX 178.77 and a 200 day moving average price of GBX 161.45.
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 financial services, including retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
Featured Article: What is an Initial Coin Offering (ICO)?
Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.