Credit Suisse Group Analysts Give Barclays (LON:BARC) a GBX 240 Price Target

Credit Suisse Group set a GBX 240 ($3.06) price target on Barclays (LON:BARCGet Rating) in a research report sent to investors on Friday, Borsen Zeitung reports.

Other research analysts have also issued reports about the company. JPMorgan Chase & Co. set a GBX 170 ($2.17) target price on Barclays in a research report on Monday, April 25th. Shore Capital reaffirmed a buy rating on shares of Barclays in a research report on Thursday, April 21st. Jefferies Financial Group set a GBX 321 ($4.09) target price on Barclays in a research report on Wednesday, February 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a hold rating and issued a GBX 240 ($3.06) target price on shares of Barclays in a research report on Thursday, February 24th. Finally, Berenberg Bank reaffirmed a buy rating and issued a GBX 260 ($3.31) target price on shares of Barclays in a research report on Friday. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Barclays has an average rating of Buy and a consensus target price of GBX 242.33 ($3.09).

LON:BARC opened at GBX 148.20 ($1.89) on Friday. The firm has a market capitalization of £24.84 billion and a price-to-earnings ratio of 4.05. Barclays has a 1-year low of GBX 140.06 ($1.79) and a 1-year high of GBX 219.60 ($2.80). The business’s fifty day moving average price is GBX 158.83 and its 200 day moving average price is GBX 182.63.

The business also recently declared a dividend, which was paid on Tuesday, April 5th. Stockholders of record on Thursday, March 3rd were paid a dividend of GBX 4 ($0.05) per share. This represents a dividend yield of 2.1%. The ex-dividend date of this dividend was Thursday, March 3rd. This is an increase from Barclays’s previous dividend of $2.00. Barclays’s dividend payout ratio is 0.08%.

Barclays Company Profile (Get Rating)

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as 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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