Goldman Sachs Group reaffirmed their neutral rating on shares of Barclays (LON:BARC) in a research report released on Thursday morning, Borsen Zeitung reports. They currently have a GBX 190 ($2.48) target price on the financial services provider’s stock.
Several other brokerages have also recently weighed in on BARC. Jefferies Financial Group reissued a buy rating and set a GBX 209 ($2.73) price objective on shares of Barclays in a report on Monday, October 14th. Royal Bank of Canada set a GBX 175 ($2.29) price objective on Barclays and gave the stock a neutral rating in a report on Monday, October 7th. Societe Generale reissued a buy rating on shares of Barclays in a report on Tuesday, September 10th. Shore Capital reissued a buy rating on shares of Barclays in a report on Tuesday, September 10th. Finally, Berenberg Bank reissued a buy rating on shares of Barclays in a report on Monday, August 5th. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of Buy and an average target price of GBX 193.67 ($2.53).
Shares of LON:BARC opened at GBX 166.20 ($2.17) on Thursday. The stock has a market capitalization of $28.49 billion and a P/E ratio of 9.28. Barclays has a 1-year low of GBX 131.04 ($1.71) and a 1-year high of GBX 181 ($2.37). The business has a 50-day moving average price of GBX 147.84 and a two-hundred day moving average price of GBX 153.16.
In related news, insider Nigel Higgins purchased 10,092 shares of the stock in a transaction dated Friday, August 2nd. The stock was bought at an average cost of GBX 153 ($2.00) per share, with a total value of £15,440.76 ($20,176.09).
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 financial services, including retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
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