Barclays PLC (LON:BARC - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 293.60 ($3.62) and last traded at GBX 291.30 ($3.59), with a volume of 28335746 shares traded. The stock had previously closed at GBX 289.35 ($3.57).
Analyst Upgrades and Downgrades
BARC has been the topic of several analyst reports. JPMorgan Chase & Co. increased their target price on shares of Barclays from GBX 350 ($4.32) to GBX 360 ($4.44) and gave the stock an "overweight" rating in a research report on Monday, January 13th. Shore Capital reiterated a "buy" rating on shares of Barclays in a research note on Thursday, October 24th. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat, Barclays currently has a consensus rating of "Buy" and an average price target of GBX 294 ($3.63).
Get Our Latest Stock Analysis on BARC
Barclays Stock Up 1.4 %
The company's fifty day moving average price is GBX 265.10 and its 200 day moving average price is GBX 241.59. The company has a market capitalization of £42.94 billion, a P/E ratio of 1,138.27, a PEG ratio of 1.15 and a beta of 1.36.
Barclays (LON:BARC - Get Free Report) last posted its quarterly earnings results on Friday, October 25th. The financial services provider reported GBX 10.70 ($0.13) earnings per share (EPS) for the quarter. Barclays had a net margin of 21.24% and a return on equity of 7.12%. Research analysts predict that Barclays PLC will post 39.1062802 earnings per share for the current fiscal year.
Insider Buying and Selling at Barclays
In other news, insider Brian Gilvary sold 109,404 shares of Barclays stock in a transaction on Thursday, October 24th. The shares were sold at an average price of GBX 249 ($3.07), for a total transaction of £272,415.96 ($335,901.31). Also, insider Anna Cross sold 40,197 shares of Barclays stock in a transaction on Thursday, December 12th. The stock was sold at an average price of GBX 270 ($3.33), for a total transaction of £108,531.90 ($133,824.78). Company insiders own 1.47% of the company's stock.
About Barclays
(
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.
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