Barclays (LON:BARC) PT Set at GBX 205 by Credit Suisse Group

Barclays (LON:BARCGet Rating) received a GBX 205 ($2.69) target price from research analysts at Credit Suisse Group in a research report issued on Monday, Borsen Zeitung reports. Credit Suisse Group’s target price indicates a potential upside of 40.52% from the company’s current price.

A number of other research analysts have also weighed in on BARC. Shore Capital reiterated a “buy” rating on shares of Barclays in a research note on Thursday, March 10th. Jefferies Financial Group set a GBX 321 ($4.21) price objective on shares of Barclays in a research note on Wednesday, February 23rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 240 ($3.15) price objective on shares of Barclays in a research note on Thursday, February 24th. Morgan Stanley reiterated an “equal weight” rating on shares of Barclays in a research note on Wednesday, March 9th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 260 ($3.41) price objective on shares of Barclays in a research note on Tuesday, March 15th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 239.50 ($3.14).

Shares of LON:BARC traded up GBX 1.29 ($0.02) during mid-day trading on Monday, reaching GBX 145.89 ($1.91). The company had a trading volume of 49,458,991 shares, compared to its average volume of 55,903,359. The firm has a market cap of ¬£24.45 billion and a price-to-earnings ratio of 3.99. The company’s 50-day moving average price is GBX 175.30 and its 200-day moving average price is GBX 187.06. Barclays has a one year low of GBX 140.06 ($1.84) and a one year high of GBX 219.60 ($2.88).

Barclays Company Profile (Get Rating)

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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