Barclays PLC (LON:BARC)‘s stock had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research note issued on Tuesday. They currently have a GBX 225 ($2.93) target price on the financial services provider’s stock. JPMorgan Chase & Co.’s price target points to a potential upside of 6.31% from the company’s current price.

BARC has been the topic of a number of other reports. BNP Paribas upgraded Barclays PLC to an “outperform” rating and set a GBX 290 ($3.77) target price on the stock in a research note on Friday, March 24th. Shore Capital restated a “hold” rating on shares of Barclays PLC in a research note on Friday, April 28th. HSBC Holdings plc restated a “buy” rating and set a GBX 260 ($3.38) target price on shares of Barclays PLC in a research note on Tuesday, April 18th. Credit Suisse Group AG restated an “outperform” rating and set a GBX 260 ($3.38) target price on shares of Barclays PLC in a research note on Thursday, April 20th. Finally, Goldman Sachs Group Inc downgraded Barclays PLC to a “sell” rating and dropped their target price for the stock from GBX 250 ($3.25) to GBX 180 ($2.34) in a research note on Friday, May 5th. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the stock. Barclays PLC has an average rating of “Hold” and a consensus target price of GBX 219.58 ($2.86).

Analyst Recommendations for Barclays PLC (LON:BARC)

Shares of Barclays PLC (LON:BARC) opened at 211.65 on Tuesday. Barclays PLC has a 1-year low of GBX 121.10 and a 1-year high of GBX 267.32. The stock has a 50 day moving average price of GBX 212.39 and a 200-day moving average price of GBX 221.84. The stock’s market capitalization is GBX 35.89 billion.

COPYRIGHT VIOLATION NOTICE: This report was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another site, it was illegally stolen and republished in violation of U.S. & international copyright laws. The original version of this report can be read at https://www.americanbankingnews.com/2017/05/28/jpmorgan-chase-co-reaffirms-neutral-rating-for-barclays-plc-barc.html.

In related news, insider Ian Cheshire acquired 50,000 shares of Barclays PLC stock in a transaction dated Tuesday, May 2nd. The shares were acquired at an average cost of GBX 210 ($2.73) per share, for a total transaction of £105,000 ($136,594.25).

About Barclays PLC

12 Month Chart for LON:BARC

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