Barclays (LON:BARC) PT Set at GBX 185 by Royal Bank of Canada

Barclays (LON:BARC) has been given a GBX 185 ($2.43) target price by Royal Bank of Canada in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the financial services provider’s stock. Royal Bank of Canada’s price target points to a potential upside of 5.16% from the company’s previous close.

Other equities research analysts have also issued research reports about the stock. HSBC boosted their price target on shares of Barclays from GBX 200 ($2.63) to GBX 210 ($2.76) and gave the company a “buy” rating in a report on Tuesday, November 26th. Goldman Sachs Group set a GBX 240 ($3.16) price target on shares of Barclays and gave the company a “neutral” rating in a report on Thursday. JPMorgan Chase & Co. set a GBX 220 ($2.89) price target on shares of Barclays and gave the company a “buy” rating in a report on Thursday. Jefferies Financial Group restated a “buy” rating and issued a GBX 252 ($3.31) price target on shares of Barclays in a report on Monday, February 10th. Finally, Deutsche Bank boosted their price target on shares of Barclays from GBX 205 ($2.70) to GBX 208 ($2.74) and gave the company a “buy” rating in a report on Friday, November 29th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 215 ($2.83).

LON:BARC opened at GBX 175.92 ($2.31) on Thursday. Barclays has a one year low of GBX 131.04 ($1.72) and a one year high of GBX 192.99 ($2.54). The firm has a market cap of $30.48 billion and a P/E ratio of 17.42. The firm has a 50-day simple moving average of GBX 177.11 and a 200-day simple moving average of GBX 163.27.

About Barclays

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, including retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.

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Analyst Recommendations for Barclays (LON:BARC)

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