Barclays (LON:BARC) has been assigned a GBX 270 ($3.73) price objective by stock analysts at Cfra in a research report issued to clients and investors on Thursday. The brokerage presently has a “buy” rating on the financial services provider’s stock. Cfra’s price objective would suggest a potential upside of 27.96% from the company’s current price.
BARC has been the subject of a number of other research reports. Deutsche Bank reiterated a “buy” rating and set a GBX 234 ($3.23) target price on shares of Barclays in a report on Monday, February 5th. Goldman Sachs Group set a GBX 170 ($2.35) price target on shares of Barclays and gave the stock a “sell” rating in a report on Wednesday, November 8th. UBS Group set a GBX 220 ($3.04) price target on shares of Barclays and gave the stock a “buy” rating in a report on Monday, November 6th. Citigroup reissued a “sell” rating on shares of Barclays in a report on Monday, February 12th. Finally, JPMorgan Chase & Co. set a GBX 240 ($3.32) price target on shares of Barclays and gave the stock a “buy” rating in a report on Thursday, February 15th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Barclays currently has a consensus rating of “Hold” and an average price target of GBX 222.95 ($3.08).
Barclays (BARC) traded up GBX 8.90 ($0.12) during mid-day trading on Thursday, reaching GBX 211 ($2.92). The company’s stock had a trading volume of 90,819,238 shares, compared to its average volume of 40,490,000. The company has a market cap of $36,000.00 and a PE ratio of 1,834.09. Barclays has a 52-week low of GBX 177.30 ($2.45) and a 52-week high of GBX 244.40 ($3.38).
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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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