Barclays (BARC) Earns “Overweight” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of Barclays (LON:BARC) in a research report released on Thursday.

BARC has been the subject of a number of other reports. Goldman Sachs Group set a GBX 170 ($2.39) price objective on shares of Barclays and gave the company a sell rating in a research note on Wednesday, November 8th. UBS Group set a GBX 220 ($3.09) price target on shares of Barclays and gave the stock a buy rating in a research note on Monday, November 6th. Citigroup reiterated a sell rating on shares of Barclays in a research note on Wednesday, December 6th. Jefferies Group set a GBX 205 ($2.88) price target on shares of Barclays and gave the stock a neutral rating in a research note on Friday, December 8th. Finally, Morgan Stanley set a GBX 230 ($3.23) price target on shares of Barclays and gave the stock a buy rating in a research note on Wednesday, December 13th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company’s stock. Barclays currently has a consensus rating of Hold and a consensus price target of GBX 219.42 ($3.08).

Barclays (BARC) traded down GBX 1.78 ($0.02) during trading hours on Thursday, reaching GBX 195.56 ($2.75). 32,253,978 shares of the company’s stock were exchanged, compared to its average volume of 33,120,000. The company has a market cap of $33,360.00 and a price-to-earnings ratio of 1,834.09. Barclays has a 1-year low of GBX 177.30 ($2.49) and a 1-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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