Deutsche Bank Rese… Analysts Give Barclays (LON:BARC) a GBX 230 Price Target

Deutsche Bank Rese… set a GBX 230 ($2.93) price objective on Barclays (LON:BARCGet Rating) in a research note published on Friday, Borsen Zeitung reports.

BARC has been the topic of several other reports. Berenberg Bank reissued a buy rating and set a GBX 260 ($3.31) price target on shares of Barclays in a research report on Friday. Morgan Stanley reissued an equal weight rating on shares of Barclays in a research report on Wednesday, March 9th. The Goldman Sachs Group set a GBX 270 ($3.44) price objective on shares of Barclays in a research note on Thursday. JPMorgan Chase & Co. set a GBX 170 ($2.17) price objective on shares of Barclays in a research note on Monday, April 25th. Finally, Royal Bank of Canada set a GBX 190 ($2.42) price objective on shares of Barclays in a research note on Thursday. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Barclays presently has an average rating of Buy and a consensus price target of GBX 242.33 ($3.09).

BARC opened at GBX 148.20 ($1.89) on Friday. The stock has a market capitalization of £24.84 billion and a P/E ratio of 4.05. Barclays has a 12 month low of GBX 140.06 ($1.79) and a 12 month high of GBX 219.60 ($2.80). The firm’s fifty day simple moving average is GBX 158.83 and its 200 day simple moving average is GBX 182.73.

The business also recently declared a dividend, which was paid on Tuesday, April 5th. Investors of record on Thursday, March 3rd were paid a GBX 4 ($0.05) dividend. The ex-dividend date was Thursday, March 3rd. This represents a yield of 2.1%. This is a positive change from Barclays’s previous dividend of $2.00. Barclays’s dividend payout ratio is 16.39%.

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.

Further Reading

Analyst Recommendations for Barclays (LON:BARC)

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