Barclays (LON:BARC) has been given a GBX 225 ($3.11) target price by equities research analysts at UBS Group in a note issued to investors on Monday, February 12th, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. UBS Group’s price objective would indicate a potential upside of 11.33% from the stock’s previous close.
Several other research firms also recently commented on BARC. Deutsche Bank upped their target price on Barclays from GBX 210 ($2.90) to GBX 234 ($3.23) and gave the company a “buy” rating in a research report on Friday, January 26th. HSBC reaffirmed a “buy” rating and issued a GBX 240 ($3.32) target price on shares of Barclays in a research report on Monday, January 29th. Royal Bank of Canada set a GBX 215 ($2.97) target price on Barclays and gave the company a “neutral” rating in a research report on Monday, December 18th. Morgan Stanley set a GBX 230 ($3.18) target price on Barclays and gave the company a “buy” rating in a research report on Wednesday, December 13th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Barclays in a research report on Thursday, February 1st. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 220.47 ($3.05).
Shares of Barclays (LON:BARC) opened at GBX 202.10 ($2.79) on Monday. The stock has a market capitalization of $34,490.00 and a P/E 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 Company Profile
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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