Barclays (LON:BARC)‘s stock had its “buy” rating reiterated by Jefferies Financial Group in a report released on Tuesday, Marketbeat.com reports. They presently have a GBX 280 ($3.66) price target on the financial services provider’s stock, up from their prior price target of GBX 263 ($3.44). Jefferies Financial Group’s target price would indicate a potential upside of 67.26% from the stock’s previous close.
A number of other equities analysts have also weighed in on the company. Berenberg Bank set a GBX 220 ($2.87) target price on Barclays and gave the stock a “buy” rating in a research report on Friday, February 22nd. Deutsche Bank decreased their price target on Barclays from GBX 216 ($2.82) to GBX 215 ($2.81) and set a “buy” rating for the company in a report on Friday, March 1st. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Barclays in a research note on Friday, February 22nd. UBS Group reaffirmed a “buy” rating and set a GBX 230 ($3.01) target price (down from GBX 235 ($3.07)) on shares of Barclays in a research note on Monday, March 4th. Finally, Morgan Stanley set a GBX 200 ($2.61) target price on Barclays and gave the stock a “neutral” rating in a research note on Monday, February 4th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 220.53 ($2.88).
LON:BARC traded down GBX 0.28 ($0.00) on Tuesday, reaching GBX 167.40 ($2.19). 30,302,038 shares of the company’s stock were exchanged, compared to its average volume of 50,310,000. The firm has a market capitalization of $28.99 billion and a PE ratio of 18.20. Barclays has a 52 week low of GBX 145 ($1.89) and a 52 week high of GBX 219.10 ($2.86).
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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