Barclays (LON:BARC) has been assigned a GBX 225 ($3.15) price target by research analysts at UBS Group in a report issued on Monday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. UBS Group’s target price would indicate a potential upside of 16.53% from the stock’s current price.
BARC has been the subject of a number of other research reports. Credit Suisse Group restated an “outperform” rating and set a GBX 230 ($3.22) price objective on shares of Barclays in a research note on Thursday, November 16th. Citigroup restated a “sell” rating on shares of Barclays in a research note on Wednesday, December 6th. restated a “buy” rating and set a GBX 240 ($3.37) price objective on shares of Barclays in a research note on Wednesday, November 8th. HSBC restated a “buy” rating and set a GBX 240 ($3.37) price objective on shares of Barclays in a research note on Monday, January 29th. Finally, Morgan Stanley set a GBX 230 ($3.22) price objective on Barclays and gave the company a “buy” rating in a research note on Wednesday, December 13th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 219.68 ($3.08).
Shares of Barclays (LON:BARC) opened at GBX 193.08 ($2.71) on Monday. Barclays has a 12 month low of GBX 177.30 ($2.49) and a 12 month high of GBX 244.40 ($3.43). The firm has a market capitalization of $32,950.00 and a P/E ratio of 1,834.09.
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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.
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