Barclays (BARC) Given a GBX 175 Price Target at Goldman Sachs Group

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

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

Barclays (LON BARC) traded up GBX 0.78 ($0.01) during mid-day trading on Wednesday, hitting GBX 199.30 ($2.70). 30,790,000 shares of the stock traded hands, compared to its average volume of 33,130,000. The firm has a market capitalization of $34,000.00 and a price-to-earnings ratio of 1,811.82. Barclays has a twelve month low of GBX 177.30 ($2.40) and a twelve month high of GBX 244.40 ($3.31).

In other news, insider Ian Cheshire bought 30,000 shares of the firm’s stock in a transaction that occurred on Friday, October 27th. The shares were purchased at an average price of GBX 183 ($2.48) per share, for a total transaction of £54,900 ($74,450.77).

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About Barclays

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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