Barclays (BARC) Given a GBX 220 Price Target at Goldman Sachs

Barclays (LON:BARC) has been given a GBX 220 ($3.07) target price by Goldman Sachs in a report released on Thursday. The brokerage currently has a “neutral” rating on the financial services provider’s stock. Goldman Sachs’ target price points to a potential upside of 2.78% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Cfra set a GBX 270 ($3.77) price objective on Barclays and gave the stock a “buy” rating in a report on Thursday, February 22nd. UBS set a GBX 225 ($3.14) price objective on Barclays and gave the stock a “buy” rating in a report on Thursday, February 22nd. Shore Capital reissued a “buy” rating on shares of Barclays in a report on Thursday, February 22nd. JPMorgan Chase set a GBX 240 ($3.35) price objective on Barclays and gave the stock a “buy” rating in a report on Thursday, February 15th. Finally, Deutsche Bank reaffirmed a “buy” rating and set a GBX 234 ($3.26) price target on shares of Barclays in a research note on Monday, February 5th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 229.50 ($3.20).

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Shares of BARC stock opened at GBX 214.05 ($2.99) on Thursday. Barclays has a 12-month low of GBX 177.30 ($2.47) and a 12-month high of GBX 235.35 ($3.28).

In related news, insider Mike Turner acquired 10,000 shares of the business’s stock in a transaction dated Friday, February 23rd. The stock was bought at an average price of GBX 210 ($2.93) per share, for a total transaction of £21,000 ($29,288.70).

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About Barclays

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.

Analyst Recommendations for Barclays (LON:BARC)

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