Barclays PLC Stock Rating Reaffirmed by JPMorgan Chase & Co. (BARC)
Barclays PLC (LON:BARC)‘s stock had its “overweight” rating reaffirmed by JPMorgan Chase & Co. in a research note issued on Monday. They currently have a GBX 285 ($4.84) target price on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 30.64% from the stock’s previous close.
Barclays PLC (LON:BARC) traded up 0.05% on Monday, hitting GBX 218.15. The stock had a trading volume of 39,655,920 shares. Barclays PLC has a one year low of GBX 201.75 and a one year high of GBX 309.90. The stock has a 50-day moving average of GBX 222.1 and a 200-day moving average of GBX 245.1. The company’s market cap is £35.441 billion.
A number of other analysts have also recently weighed in on BARC. Analysts at Nomura cut their price target on shares of Barclays PLC from GBX 300 ($5.09) to GBX 275 ($4.67) in a research note on Monday. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Barclays PLC in a research note on Wednesday, July 23rd. They now have a GBX 260 ($4.42) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Barclays PLC in a research note on Monday, July 21st. They now have a GBX 280 ($4.75) price target on the stock. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and sixteen have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 294.68 ($5.00).
Barclays PLC (LON:BARC) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services.
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