Barclays PLC (LON:BARC - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 257.45 ($3.35) and last traded at GBX 255.70 ($3.33), with a volume of 260426719 shares traded. The stock had previously closed at GBX 244.90 ($3.19).
Analysts Set New Price Targets
Several equities research analysts have weighed in on the company. Citigroup reaffirmed a "buy" rating on shares of Barclays in a research report on Monday, September 2nd. JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a GBX 270 ($3.51) target price on shares of Barclays in a research report on Monday, September 9th. Finally, Shore Capital reaffirmed a "buy" rating on shares of Barclays in a research report on Thursday, October 24th. Seven analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of GBX 276 ($3.59).
Get Our Latest Analysis on BARC
Barclays Price Performance
The company has a market capitalization of £37.46 billion, a price-to-earnings ratio of 992.88, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36. The business has a fifty day moving average price of GBX 230.81 and a 200 day moving average price of GBX 221.17.
Insider Activity at Barclays
In related news, insider Anna Cross sold 49,013 shares of the firm's stock in a transaction dated Monday, September 16th. The stock was sold at an average price of GBX 221 ($2.88), for a total transaction of £108,318.73 ($141,003.29). In related news, insider Brian Gilvary sold 109,404 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of GBX 249 ($3.24), for a total value of £272,415.96 ($354,615.93). Also, insider Anna Cross sold 49,013 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of GBX 221 ($2.88), for a total value of £108,318.73 ($141,003.29). Company 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.
Featured Stories
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
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
