Deutsche Bank Reiterates Buy Rating for Barclays (BARC)

Barclays (LON:BARC)‘s stock had its “buy” rating reaffirmed by Deutsche Bank in a research note issued on Monday. They currently have a GBX 234 ($3.28) target price on the financial services provider’s stock. Deutsche Bank’s price objective would indicate a potential upside of 22.40% from the company’s current price.

BARC has been the topic of a number of other research reports. Goldman Sachs Group set a GBX 180 ($2.52) price target on shares of Barclays and gave the stock a “sell” rating in a research report on Friday, October 27th. Credit Suisse Group restated an “outperform” rating and issued a GBX 230 ($3.22) price target on shares of Barclays in a research report on Thursday, November 16th. JPMorgan Chase & Co. set a GBX 240 ($3.37) price target on shares of Barclays and gave the stock a “buy” rating in a research report on Wednesday, November 29th. restated a “buy” rating and issued a GBX 240 ($3.37) price target on shares of Barclays in a research report on Wednesday, November 8th. Finally, Bank of America upgraded shares of Barclays to a “buy” rating and boosted their price target for the stock from GBX 180 ($2.52) to GBX 220 ($3.08) in a research report on Monday, November 20th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company. The stock presently 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 191.17 ($2.68) on Monday. Barclays has a 1 year low of GBX 177.30 ($2.49) and a 1 year high of GBX 244.40 ($3.43). The company has a market cap of $32,610.00 and a P/E ratio of 1,834.09.

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About Barclays

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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