Shares of Barclays PLC (LON:BARC - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 309.10 ($3.89) and last traded at GBX 309 ($3.89), with a volume of 129338336 shares changing hands. The stock had previously closed at GBX 306.45 ($3.86).
Wall Street Analyst Weigh In
BARC has been the topic of a number of analyst reports. Shore Capital reissued a "buy" rating on shares of Barclays in a research note on Thursday, January 30th. JPMorgan Chase & Co. increased their target price on shares of Barclays from GBX 350 ($4.41) to GBX 360 ($4.53) and gave the stock an "overweight" rating in a report on Monday, January 13th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of GBX 294 ($3.70).
Read Our Latest Stock Analysis on BARC
Barclays Stock Performance
The firm's 50 day moving average price is GBX 278.78 and its two-hundred day moving average price is GBX 250.81. The company has a market cap of £42.15 billion, a P/E ratio of 8.63, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36.
Barclays (LON:BARC - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The financial services provider reported GBX 36 ($0.45) earnings per share for the quarter. Barclays had a net margin of 19.54% and a return on equity of 6.97%. As a group, analysts forecast that Barclays PLC will post 39.1062802 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, insider Anna Cross sold 40,197 shares of Barclays stock in a transaction on Thursday, December 12th. The shares were sold at an average price of GBX 270 ($3.40), for a total value of £108,531.90 ($136,604.03). 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.
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