Barclays (LON:BARC) PT Set at GBX 245 by Credit Suisse Group

Barclays (LON:BARCGet Rating) received a GBX 245 ($3.08) target price from stock analysts at Credit Suisse Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. Credit Suisse Group’s price objective would indicate a potential upside of 50.42% from the stock’s previous close.

Several other research analysts have also recently weighed in on the stock. Jefferies Financial Group set a GBX 316 ($3.98) price target on shares of Barclays in a report on Monday, May 16th. UBS Group set a GBX 260 ($3.27) price objective on shares of Barclays in a research report on Thursday, April 28th. Deutsche Bank Rese… set a GBX 230 ($2.89) price objective on shares of Barclays in a research report on Friday, April 29th. JPMorgan Chase & Co. set a GBX 180 ($2.27) price objective on shares of Barclays in a research report on Thursday, May 19th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 260 ($3.27) price objective on shares of Barclays in a research report on Friday, April 29th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 243.44 ($3.06).

Shares of Barclays stock traded up GBX 5.14 ($0.06) on Tuesday, hitting GBX 162.88 ($2.05). The company had a trading volume of 58,926,239 shares, compared to its average volume of 56,116,910. The firm has a market capitalization of £27.30 billion and a P/E ratio of 4.62. Barclays has a twelve month low of GBX 140.06 ($1.76) and a twelve month high of GBX 219.60 ($2.76). The stock has a 50-day moving average of GBX 152.27 and a 200-day moving average of GBX 177.05.

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.

Further Reading

Analyst Recommendations for Barclays (LON:BARC)

Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.