Goldman Sachs Group Analysts Give Barclays (BARC) a GBX 175 Price Target

Barclays (LON:BARC) has been assigned a GBX 175 ($2.42) target price by stock analysts at Goldman Sachs Group in a research note issued to investors on Friday. The brokerage currently has a “sell” rating on the financial services provider’s stock. Goldman Sachs Group’s price objective would indicate a potential downside of 12.52% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. UBS Group set a GBX 235 ($3.25) price target on Barclays and gave the stock a “buy” rating in a report on Friday, October 20th. Deutsche Bank cut their price target on Barclays from GBX 226 ($3.12) to GBX 210 ($2.90) and set a “buy” rating on the stock in a report on Monday, November 6th. Societe Generale set a GBX 240 ($3.32) target price on Barclays and gave the stock a “buy” rating in a research report on Monday, October 30th. Shore Capital reaffirmed a “buy” rating on shares of Barclays in a research report on Thursday, October 26th. Finally, lowered their target price on Barclays from GBX 250 ($3.45) to GBX 240 ($3.32) and set a “buy” rating on the stock in a research report on Monday, October 23rd. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 219.68 ($3.04).

Barclays (LON:BARC) opened at GBX 200.05 ($2.76) on Friday. The stock has a market capitalization of $34,220.00 and a P/E ratio of 1,834.09. Barclays has a twelve month low of GBX 177.30 ($2.45) and a twelve month high of GBX 244.40 ($3.38).

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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.

Analyst Recommendations for Barclays (LON:BARC)

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