Barclays PLC (LON:BARC - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 273.53 ($3.35) and last traded at GBX 273.40 ($3.35), with a volume of 403434469 shares. The stock had previously closed at GBX 263.80 ($3.23).
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on BARC shares. Shore Capital reiterated a "buy" rating on shares of Barclays in a report on Thursday, October 24th. JPMorgan Chase & Co. upped their price target on Barclays from GBX 350 ($4.28) to GBX 360 ($4.41) and gave the company an "overweight" rating in a research note on Monday. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Barclays currently has a consensus rating of "Buy" and a consensus target price of GBX 294 ($3.60).
Get Our Latest Stock Report on BARC
Barclays Stock Performance
The stock has a market cap of £40.77 billion, a price-to-earnings ratio of 1,080.58, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36. The company has a 50-day simple moving average of GBX 263.15 and a two-hundred day simple moving average of GBX 239.93.
Insider Buying and Selling
In related news, insider Brian Gilvary sold 109,404 shares of Barclays stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of GBX 249 ($3.05), for a total transaction of £272,415.96 ($333,434.47). Also, insider Anna Cross sold 40,197 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of GBX 270 ($3.30), for a total value of £108,531.90 ($132,841.98). 1.47% of the stock is owned by corporate insiders.
Barclays Company Profile
(
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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.
Further Reading
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