Barclays (BARC) Receives Overweight Rating from JPMorgan Chase & Co.

Barclays (LON:BARC)‘s stock had its “overweight” rating reaffirmed by JPMorgan Chase & Co. in a research note issued to investors on Thursday.

Several other analysts have also issued reports on BARC. BNP Paribas set a GBX 215 ($3.02) target price on Barclays and gave the company a “neutral” rating in a research note on Thursday, October 5th. Goldman Sachs Group set a GBX 180 ($2.53) price objective on Barclays and gave the company a “sell” rating in a research note on Monday, October 9th. Credit Suisse Group decreased their price objective on Barclays from GBX 250 ($3.51) to GBX 230 ($3.23) and set an “outperform” rating on the stock in a research note on Tuesday, October 10th. Berenberg Bank upgraded Barclays to a “hold” rating and set a GBX 200 ($2.81) price objective on the stock in a research note on Friday, October 20th. Finally, UBS Group set a GBX 235 ($3.30) price objective on Barclays and gave the company a “buy” rating in a research note on Friday, October 20th. Three analysts have rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 219.42 ($3.08).

Shares of Barclays (LON BARC) opened at GBX 195.56 ($2.75) on Thursday. The stock has a market capitalization of $33,360.00 and a price-to-earnings ratio of 1,834.09. Barclays has a one year low of GBX 177.30 ($2.49) and a one year high of GBX 244.40 ($3.43).

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Barclays Company Profile

Barclays PLC, is a global financial services holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International. The Barclays UK segment includes the local consumer, small business, the United Kingdom wealth and credit cards business.

Analyst Recommendations for Barclays (LON:BARC)

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