Barclays (LON:BARC) PT Set at GBX 321 by Jefferies Financial Group

Jefferies Financial Group set a GBX 321 ($4.36) price target on Barclays (LON:BARC) in a report published on Tuesday, Borsen Zeitung reports.

Several other research firms also recently commented on BARC. The Goldman Sachs Group set a GBX 300 ($4.07) price objective on Barclays in a report on Tuesday, November 2nd. UBS Group set a GBX 250 ($3.39) price target on Barclays in a research report on Wednesday, January 5th. JPMorgan Chase & Co. boosted their price objective on Barclays from GBX 240 ($3.26) to GBX 260 ($3.53) and gave the company an overweight rating in a research note on Monday, December 6th. Shore Capital restated a buy rating on shares of Barclays in a research note on Monday, November 15th. Finally, Credit Suisse Group set a GBX 220 ($2.99) target price on Barclays in a research note on Tuesday, October 5th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Barclays presently has a consensus rating of Buy and a consensus price target of GBX 255.75 ($3.47).

LON:BARC opened at GBX 215.50 ($2.93) on Tuesday. The stock’s 50-day simple moving average is GBX 190.74 and its 200 day simple moving average is GBX 185.56. The firm has a market capitalization of £36.10 billion and a PE ratio of 6.88. Barclays has a twelve month low of GBX 111.83 ($1.52) and a twelve month high of GBX 219.60 ($2.98).

In related news, insider Tushar Morzaria sold 61,230 shares of Barclays stock in a transaction that occurred on Monday, December 13th. The shares were sold at an average price of GBX 183 ($2.48), for a total value of £112,050.90 ($152,098.41).

About Barclays

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, rest of Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as 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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