Barclays’ (BARC) “Buy” Rating Reiterated at Jefferies Financial Group
Jefferies Financial Group restated their buy rating on shares of Barclays (LON:BARC) in a report published on Monday, Digital Look reports. They currently have a GBX 252 ($3.31) price target on the financial services provider’s stock.
Other equities research analysts also recently issued reports about the stock. Goldman Sachs Group set a GBX 240 ($3.16) target price on shares of Barclays and gave the stock a neutral rating in a research report on Monday, January 27th. UBS Group boosted their price target on shares of Barclays from GBX 190 ($2.50) to GBX 195 ($2.57) and gave the stock a buy rating in a report on Monday, February 3rd. Shore Capital reiterated a buy rating and issued a GBX 250 ($3.29) target price on shares of Barclays in a research note on Tuesday, January 14th. Morgan Stanley reiterated an equal weight rating on shares of Barclays in a research note on Tuesday, November 19th. 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 research report on Friday, November 29th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of GBX 215 ($2.83).
Shares of LON BARC opened at GBX 174.86 ($2.30) on Monday. Barclays has a twelve month low of GBX 131.04 ($1.72) and a twelve month high of GBX 192.99 ($2.54). The firm has a fifty day simple moving average of GBX 177.18 and a 200 day simple moving average of GBX 163.16. The company has a market capitalization of $31.07 billion and a PE ratio of 17.31.
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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