Barclays (BARC) Given a GBX 240 Price Target at JPMorgan Chase & Co.

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

A number of other equities analysts also recently commented on the stock. UBS Group set a GBX 225 ($3.11) price objective on shares of Barclays and gave the stock a buy rating in a research note on Monday. Citigroup reaffirmed a sell rating on shares of Barclays in a research report on Monday. Deutsche Bank reaffirmed a buy rating and set a GBX 234 ($3.23) price target on shares of Barclays in a research report on Monday, February 5th. HSBC reaffirmed a buy rating and set a GBX 240 ($3.32) price target on shares of Barclays in a research report on Monday, January 29th. Finally, Goldman Sachs Group set a GBX 175 ($2.42) price target on Barclays and gave the stock a sell rating in a research report on Wednesday, January 17th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of GBX 219.68 ($3.04).

Shares of Barclays (LON:BARC) traded up GBX 2.04 ($0.03) during trading hours on Thursday, reaching GBX 200.54 ($2.77). 37,580,000 shares of the company were exchanged, compared to its average volume of 42,000,000. The company has a market capitalization of $34,220.00 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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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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