Barclays PLC (BARC) Rating Reiterated by Goldman Sachs Group Inc.
Barclays PLC (LON:BARC)‘s stock had its “neutral” rating reiterated by investment analysts at Goldman Sachs Group Inc. in a research note issued to investors on Tuesday. They presently have a GBX 175 ($2.28) price target on the financial services provider’s stock. Goldman Sachs Group Inc.’s price objective would indicate a potential upside of 5.36% from the company’s previous close.
A number of other research firms also recently issued reports on BARC. Independent Research GmbH set a GBX 130 ($1.70) target price on shares of Barclays PLC and gave the stock a “sell” rating in a research report on Friday, June 24th. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 175 ($2.28) target price on shares of Barclays PLC in a research report on Wednesday, June 22nd. BNP Paribas reiterated an “outperform” rating and issued a GBX 220 ($2.87) target price on shares of Barclays PLC in a research report on Tuesday, June 21st. Societe Generale reiterated a “buy” rating and issued a GBX 185 ($2.41) target price on shares of Barclays PLC in a research report on Friday, September 9th. Finally, Citigroup Inc. reiterated a “sell” rating and issued a GBX 150 ($1.96) target price on shares of Barclays PLC in a research report on Wednesday, August 31st. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the stock. Barclays PLC currently has a consensus rating of “Hold” and a consensus target price of GBX 197.44 ($2.58).
Barclays PLC (LON:BARC) opened at 166.10 on Tuesday. Barclays PLC has a 52-week low of GBX 121.10 and a 52-week high of GBX 259.50. The stock’s market capitalization is GBX 6737.79 billion. The firm has a 50-day moving average of GBX 167.29 and a 200-day moving average of GBX 162.18.
The firm also recently disclosed a dividend, which was paid on Monday, September 19th. Stockholders of record on Thursday, August 11th were given a GBX 1 ($0.01) dividend. This represents a dividend yield of 0.65%. The ex-dividend date of this dividend was Thursday, August 11th.
About Barclays PLC
Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays Corporate & International. The Barclays UK segment incorporates the UK Personal, small UK Corporate and UK Wealth businesses, and the Barclaycard UK consumer credit cards business.
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