Barclays (LON:BARC) Given a GBX 180 Price Target by JPMorgan Chase & Co. Analysts

Barclays (LON:BARCGet Rating) has been assigned a GBX 180 ($2.22) price target by investment analysts at JPMorgan Chase & Co. in a report released on Thursday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 18.13% from the company’s previous close.

A number of other analysts also recently weighed in on BARC. Jefferies Financial Group set a GBX 316 ($3.90) price target on Barclays in a research note on Monday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 260 ($3.21) price target on shares of Barclays in a research note on Friday, April 29th. Credit Suisse Group set a GBX 240 ($2.96) target price on shares of Barclays in a research note on Friday, April 29th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 240 ($2.96) price target on shares of Barclays in a research note on Thursday, February 24th. Finally, UBS Group set a GBX 260 ($3.21) price objective on Barclays in a report on Thursday, April 28th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 242.89 ($2.99).

Shares of BARC stock opened at GBX 152.38 ($1.88) on Thursday. The stock’s 50-day moving average price is GBX 152.98 and its 200 day moving average price is GBX 178.20. The stock has a market capitalization of £25.54 billion and a PE ratio of 4.33. Barclays has a 52-week low of GBX 140.06 ($1.73) and a 52-week high of GBX 219.60 ($2.71).

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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