JPMorgan Chase & Co. Analysts Give Barclays (LON:BARC) a GBX 220 Price Target

Barclays (LON:BARC) received a GBX 220 ($2.89) price objective from investment analysts at JPMorgan Chase & Co. in a research report issued on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 25.06% from the stock’s previous close.

BARC has been the topic of several other reports. Shore Capital reiterated a “buy” rating on shares of Barclays in a research report on Thursday. UBS Group increased their price target on shares of Barclays from GBX 190 ($2.50) to GBX 195 ($2.57) and gave the stock a “buy” rating in a research report on Monday, February 3rd. Deutsche Bank increased their price target on shares of Barclays from GBX 205 ($2.70) to GBX 208 ($2.74) and gave the stock a “buy” rating in a research report on Friday, November 29th. Citigroup reiterated a “sell” rating on shares of Barclays in a research report on Monday, January 20th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 220 ($2.89) price target on shares of Barclays in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 215 ($2.83).

BARC opened at GBX 175.92 ($2.31) on Thursday. Barclays has a 1-year low of GBX 131.04 ($1.72) and a 1-year high of GBX 192.99 ($2.54). The company has a market capitalization of $30.48 billion and a PE ratio of 17.42. The firm’s 50 day simple moving average is GBX 177.11 and its two-hundred day simple moving average is GBX 163.27.

Barclays Company Profile

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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Analyst Recommendations for Barclays (LON:BARC)

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