Shore Capital reissued their buy rating on shares of Barclays (LON:BARC - Free Report) in a research note released on Thursday, Marketbeat.com reports.
Separately, JPMorgan Chase & Co. increased their price objective on shares of Barclays from GBX 350 ($4.34) to GBX 360 ($4.46) and gave the stock an "overweight" rating in a research report on Monday, January 13th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of GBX 294 ($3.64).
View Our Latest Analysis on Barclays
Barclays Stock Performance
BARC stock traded up GBX 0.94 ($0.01) during mid-day trading on Thursday, reaching GBX 296.74 ($3.68). 31,040,900 shares of the stock traded hands, compared to its average volume of 39,115,547. Barclays has a one year low of GBX 139.54 ($1.73) and a one year high of GBX 299.30 ($3.71). The stock has a market capitalization of £43.06 billion, a PE ratio of 1,141.31, a PEG ratio of 1.15 and a beta of 1.36. The business has a 50-day moving average price of GBX 270.70 and a two-hundred day moving average price of GBX 245.37.
Insiders Place Their Bets
In other news, insider Anna Cross sold 40,197 shares of the firm's stock in a transaction on Thursday, December 12th. The stock was sold at an average price of GBX 270 ($3.35), for a total transaction of £108,531.90 ($134,504.77). Insiders own 1.47% of the company's stock.
Barclays Company Profile
(
Get Free Report)
Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.
Read More
Before you consider Barclays, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Barclays wasn't on the list.
While Barclays currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for February 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
