Barclays (LON:BARC) has been assigned a GBX 250 ($3.45) price objective by stock analysts at JPMorgan Chase & Co. in a report released on Wednesday. The brokerage presently has a “buy” rating on the financial services provider’s stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 15.77% from the company’s previous close.
Other analysts have also recently issued reports about the company. HSBC reissued a “buy” rating and issued a GBX 240 ($3.32) target price on shares of Barclays in a research note on Wednesday, November 29th. UBS reissued a “buy” rating on shares of Barclays in a research note on Tuesday, November 28th. Shore Capital reissued a “buy” rating on shares of Barclays in a research note on Tuesday, November 28th. Credit Suisse Group set a GBX 230 ($3.18) target price on Barclays and gave the stock a “buy” rating in a research note on Tuesday, November 28th. Finally, Morgan Stanley set a GBX 230 ($3.18) price objective on Barclays and gave the company a “buy” rating in a research report on Wednesday, December 13th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of GBX 225.89 ($3.12).
Shares of BARC stock opened at GBX 215.95 ($2.98) on Wednesday. The stock has a market capitalization of $35,750.00 and a PE ratio of 2,159.50. Barclays has a 12 month low of GBX 177.30 ($2.45) and a 12 month high of GBX 235.35 ($3.25).
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Barclays PLC, is a global financial services holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International. The Barclays UK segment includes the local consumer, small business, the United Kingdom wealth and credit cards business.
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