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Thursday 18 April 2013

Barclays Stock Rating Prices Target $5.22 per share

Barclays Stock Rating Prices Target $5.22 per share : Barclays PLC (LON: BARC)‘s stock had its “neutral” rating reiterated by investment analysts at Goldman Sachs in a note issued to investors on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 340 ($5.22) target price on the stock.

Barclays PLC (LON: BARC) opened at 289.40 on Thursday. Barclays PLC has a 52-week low of GBX 148.20 and a 52-week high of GBX 330.557. The stock’s 50-day moving average is currently GBX 221.1. The company’s market cap is £35.411 billion.

A number of other firms have also recently commented on BARC. Analysts at Citigroup reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Monday. They now have a GBX 6.90 ($0.11) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Barclays PLC in a research note to investors on Monday. They now have a GBX 5.83 ($0.09) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Barclays PLC in a research note to investors on Friday, April 12th. They now have a GBX 4.45 ($0.07) price target on the stock.

One analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 295.19 ($4.53).

Barclays PLC (LON: BARC) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services.

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