Barclays (LON:BARC) PT Raised to GBX 180 at JPMorgan Chase & Co.

Barclays (LON:BARCGet Rating) had its price target hoisted by equities research analysts at JPMorgan Chase & Co. from GBX 170 ($2.12) to GBX 180 ($2.25) in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. The brokerage currently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 19.02% from the company’s previous close.

BARC has been the subject of a number of other research reports. Credit Suisse Group set a GBX 240 ($3.00) price objective on shares of Barclays in a report on Friday, April 29th. Deutsche Bank Rese… set a GBX 230 ($2.87) target price on shares of Barclays in a research note on Friday, April 29th. Shore Capital reaffirmed a “buy” rating on shares of Barclays in a research note on Thursday, April 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 240 ($3.00) target price on shares of Barclays in a research note on Thursday, February 24th. Finally, The Goldman Sachs Group set a GBX 270 ($3.37) target price on shares of Barclays in a research note on Thursday, April 28th. 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, Barclays has an average rating of “Buy” and a consensus price target of GBX 243.44 ($3.04).

Shares of BARC opened at GBX 151.23 ($1.89) on Wednesday. Barclays has a 12-month low of GBX 140.06 ($1.75) and a 12-month high of GBX 219.60 ($2.74). The firm has a 50-day moving average price of GBX 157.09 and a 200 day moving average price of GBX 181.99. The firm has a market capitalization of £25.35 billion and a P/E ratio of 4.11.

Barclays Company Profile (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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