Barclays (BARC) Given a GBX 175 Price Target at Goldman Sachs Group
Goldman Sachs Group set a GBX 175 ($2.37) target price on Barclays (LON:BARC) in a research note released on Wednesday morning. The firm currently has a sell rating on the financial services provider’s stock.
A number of other research analysts also recently issued reports on BARC. Deutsche Bank restated a buy rating and issued a GBX 231 ($3.13) price target on shares of Barclays in a research report on Tuesday, September 19th. UBS Group set a GBX 235 ($3.19) price target on shares of Barclays and gave the stock a buy rating in a research report on Monday, September 25th. Jefferies Group dropped their price target on shares of Barclays from GBX 232 ($3.15) to GBX 216 ($2.93) and set a hold rating on the stock in a research report on Wednesday, September 27th. Citigroup restated a sell rating and issued a GBX 170 ($2.31) price target on shares of Barclays in a research report on Wednesday, September 27th. Finally, restated a buy rating and issued a GBX 250 ($3.39) price target on shares of Barclays in a research report on Thursday, September 28th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of GBX 218.16 ($2.96).
Shares of Barclays (BARC) traded up GBX 1.20 ($0.02) during midday trading on Wednesday, hitting GBX 200.50 ($2.72). 47,896,486 shares of the stock were exchanged, compared to its average volume of 33,140,000. The firm has a market cap of $34,210.00 and a P/E ratio of 1,822.73. Barclays has a 1 year low of GBX 177.30 ($2.40) and a 1 year high of GBX 244.40 ($3.31).
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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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