Barclays (LON:BARC) Given a GBX 260 Price Target at UBS Group

Barclays (LON:BARCGet Rating) has been given a GBX 260 ($3.31) target price by stock analysts at UBS Group in a research note issued to investors on Thursday, Borsen Zeitung reports. UBS Group’s target price indicates a potential upside of 75.33% from the stock’s current price.

BARC has been the subject of a number of other research reports. The Goldman Sachs Group set a GBX 270 ($3.44) target price on shares of Barclays in a research note on Thursday, March 31st. Jefferies Financial Group set a GBX 321 ($4.09) target price on shares of Barclays in a research note on Wednesday, February 23rd. Morgan Stanley reissued an “equal weight” rating on shares of Barclays in a research note on Wednesday, March 9th. Berenberg Bank reissued a “buy” rating and set a GBX 260 ($3.31) target price on shares of Barclays in a research note on Wednesday, April 20th. Finally, JPMorgan Chase & Co. set a GBX 170 ($2.17) price target on shares of Barclays in a report on Monday. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, Barclays currently has a consensus rating of “Buy” and an average price target of GBX 239.50 ($3.05).

Barclays stock opened at GBX 148.30 ($1.89) on Thursday. The company has a 50 day moving average price of GBX 160.59 and a 200 day moving average price of GBX 183.31. The firm has a market capitalization of £24.86 billion and a price-to-earnings ratio of 4.05. Barclays has a 52 week low of GBX 140.06 ($1.79) and a 52 week high of GBX 219.60 ($2.80).

About Barclays (Get Rating)

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, 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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