Barclays (LON:BARC) has been assigned a GBX 215 ($2.89) target price by research analysts at Royal Bank of Canada in a note issued to investors on Monday. The firm currently has a “neutral” rating on the financial services provider’s stock. Royal Bank of Canada’s price objective indicates a potential upside of 5.13% from the stock’s current price.
Several other brokerages also recently issued reports on BARC. Goldman Sachs Group set a GBX 180 ($2.42) price objective on shares of Barclays and gave the company a “sell” rating in a research report on Friday, October 27th. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 230 ($3.10) price objective on shares of Barclays in a research report on Thursday, November 16th. J P Morgan Chase & Co set a GBX 240 ($3.23) price objective on shares of Barclays and gave the company a “buy” rating in a research report on Wednesday, November 29th. reaffirmed a “buy” rating and issued a GBX 240 ($3.23) price objective on shares of Barclays in a research report on Wednesday, November 8th. Finally, Bank of America raised shares of Barclays to a “buy” rating and increased their price objective for the company from GBX 180 ($2.42) to GBX 220 ($2.96) in a research report on Monday, November 20th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 218.68 ($2.94).
Shares of Barclays (LON:BARC) traded up GBX 2.25 ($0.03) during trading hours on Monday, reaching GBX 204.50 ($2.75). 35,226,775 shares of the company’s stock traded hands, compared to its average volume of 49,510,000. Barclays has a one year low of GBX 177.30 ($2.39) and a one year high of GBX 244.40 ($3.29).
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Barclays Company Profile
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