Barclays (BARC) PT Set at GBX 240 by JPMorgan Chase & Co.

Barclays (BARC) PT Set at GBX 240 by JPMorgan Chase & Co.

JPMorgan Chase & Co. set a GBX 240 ($3.32) target price on Barclays (LON:BARC) in a research report report published on Thursday. The brokerage currently has a buy rating on the financial services provider’s stock.

A number of other research firms have also issued reports on BARC. Goldman Sachs Group set a GBX 180 ($2.49) target price on shares of Barclays and gave the company a sell rating in a research note on Friday, October 27th. Credit Suisse Group reissued an outperform rating and set a GBX 230 ($3.18) target price on shares of Barclays in a research note on Thursday, November 16th. reissued a buy rating and set a GBX 240 ($3.32) target price on shares of Barclays in a research note on Wednesday, November 8th. Bank of America raised shares of Barclays to a buy rating and boosted their target price for the company from GBX 180 ($2.49) to GBX 220 ($3.04) in a research note on Monday, November 20th. Finally, Shore Capital reissued a buy rating on shares of Barclays in a research note on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 219.68 ($3.04).

Barclays (LON:BARC) opened at GBX 200.05 ($2.76) on Thursday. The stock has a market cap of $34,220.00 and a PE ratio of 1,834.09. Barclays has a one year low of GBX 177.30 ($2.45) and a one year high of GBX 244.40 ($3.38).

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About Barclays

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.

Analyst Recommendations for Barclays (LON:BARC)

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JPMorgan Chase & Co. set a GBX 240 ($3.32) target price on Barclays (LON:BARC) in a report published on Thursday. The brokerage currently has a buy rating on the financial services provider’s stock.

Several other equities research analysts also recently weighed in on BARC. Berenberg Bank raised shares of Barclays to a hold rating and set a GBX 200 ($2.76) target price for the company in a research report on Friday, October 20th. UBS Group set a GBX 235 ($3.25) target price on shares of Barclays and gave the stock a buy rating in a research report on Friday, October 20th. dropped their target price on shares of Barclays from GBX 250 ($3.45) to GBX 240 ($3.32) and set a buy rating for the company in a research report on Monday, October 23rd. Deutsche Bank dropped their target price on shares of Barclays from GBX 231 ($3.19) to GBX 226 ($3.12) and set a buy rating for the company in a research report on Monday, October 23rd. Finally, Societe Generale reissued a buy rating and issued a GBX 240 ($3.32) target price on shares of Barclays in a research report on Monday, October 23rd. Three analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 219.68 ($3.04).

Shares of Barclays (BARC) opened at GBX 200.05 ($2.76) on Thursday. The firm has a market cap of $34,220.00 and a PE ratio of 1,834.09. Barclays has a 1 year low of GBX 177.30 ($2.45) and a 1 year high of GBX 244.40 ($3.38).

COPYRIGHT VIOLATION WARNING: This news story was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this news story on another publication, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The legal version of this news story can be accessed at https://www.dispatchtribunal.com/2018/02/19/barclays-barc-pt-set-at-gbx-240-by-jpmorgan-chase-co.html.

About Barclays

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.

Analyst Recommendations for Barclays (LON:BARC)

Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.

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