Barclays (BARC) Rating Reiterated by JPMorgan Chase & Co.
Barclays (LON:BARC)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a report released on Friday. They currently have a GBX 240 ($3.32) price objective on the financial services provider’s stock. JPMorgan Chase & Co.’s price target points to a potential upside of 14.50% from the company’s current price.
BARC has been the topic of a number of other reports. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 230 ($3.18) price target on shares of Barclays in a research note on Thursday, November 16th. Citigroup reaffirmed a “sell” rating on shares of Barclays in a research note on Wednesday, December 6th. reaffirmed a “buy” rating and set a GBX 240 ($3.32) price target on shares of Barclays in a research note on Wednesday, November 8th. HSBC reaffirmed a “buy” rating and set a GBX 240 ($3.32) price target on shares of Barclays in a research note on Monday, January 29th. Finally, Morgan Stanley set a GBX 230 ($3.18) price target on shares of Barclays and gave the stock a “buy” rating in a research note on Wednesday, December 13th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the stock. Barclays has a consensus rating of “Hold” and a consensus price target of GBX 221.95 ($3.07).
Barclays (BARC) opened at GBX 209.60 ($2.90) on Friday. Barclays has a 12 month low of GBX 177.30 ($2.45) and a 12 month high of GBX 244.40 ($3.38). The firm has a market cap of $36,000.00 and a price-to-earnings ratio of 1,834.09.
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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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