Goldman Sachs set a GBX 220 ($3.15) price objective on Barclays (LON:BARC) in a report published on Monday, April 9th. The brokerage currently has a neutral rating on the financial services provider’s stock.
Several other equities research analysts have also recently commented on the stock. Morgan Stanley set a GBX 230 ($3.29) price objective on shares of Barclays and gave the company a buy rating in a research report on Wednesday, December 13th. UBS set a GBX 225 ($3.22) price objective on shares of Barclays and gave the stock a buy rating in a research note on Monday, February 12th. Deutsche Bank restated a buy rating and set a GBX 234 ($3.35) price objective on shares of Barclays in a research note on Monday, February 5th. Cfra set a GBX 270 ($3.87) target price on shares of Barclays and gave the stock a buy rating in a report on Thursday, February 22nd. Finally, Shore Capital reaffirmed a buy rating on shares of Barclays in a report on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company. The company has an average rating of Buy and an average price target of GBX 230.11 ($3.29).
Shares of BARC stock opened at GBX 214 ($3.06) on Monday. Barclays has a 52-week low of GBX 177.30 ($2.54) and a 52-week high of GBX 235.35 ($3.37).
In other news, insider Mike Turner bought 10,000 shares of the stock in a transaction dated Friday, February 23rd. The stock was bought at an average price of GBX 210 ($3.01) per share, for a total transaction of £21,000 ($30,068.73).
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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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