Barclays PLC (LON:BARC) now has a potential upside of 17.9% according to JP Morgan Cazenove.
JP Morgan Cazenove set a GBX 180 price target on the company, which compared to Barclays PLC’s GBX 148 share price at today’s (10/18/2022) open, indicating a potential upside of 17.9%. Trading ranges between 132 (52 week low) and 220 (52 week high) with an average of 52,664,774 shares exchanging hands each day. The market capitalization at the time of writing is £23,572,603,430.
Barclays PLC is a UK-based global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The company operates as two divisions which include Barclays UK and Barclays International, supported by its service company Barclays Execution Services. Barclays UK comprises its UK Personal Banking, UK Business Banking and Barclaycard Consumer UK. These businesses are conducted by its dedicated UK bank (Barclays Bank UK PLC) and certain other entities. Barclays International comprises its corporate and investment banking and consumer, cards and payments businesses. These activities are carried out by its unlimited bank (Barclays Bank PLC) and its subsidiaries, as well as certain other entities. Barclays Execution Services provides technology, operations and functional services to businesses. Its operations include consumer banking and payment services.