Barclays PLC (LON:BARC - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 272.69 ($3.63) and traded as high as GBX 279.70 ($3.72). Barclays shares last traded at GBX 277.30 ($3.69), with a volume of 27,315,014 shares trading hands.
Analysts Set New Price Targets
A number of analysts have commented on BARC shares. Citigroup boosted their price target on shares of Barclays from GBX 320 ($4.26) to GBX 350 ($4.66) and gave the company a "buy" rating in a research note on Thursday, March 6th. Shore Capital restated a "buy" rating on shares of Barclays in a report on Thursday, January 30th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 350 ($4.66) target price on shares of Barclays in a research note on Monday, February 24th. Finally, JPMorgan Chase & Co. upped their price objective on Barclays from GBX 370 ($4.93) to GBX 410 ($5.46) and gave the company a "top pick" rating in a research note on Tuesday, March 25th. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of GBX 329.17 ($4.38).
Read Our Latest Research Report on BARC
Barclays Trading Up 1.1 %
The business has a fifty day moving average of GBX 287.43 and a 200-day moving average of GBX 273.73. The firm has a market cap of £42.05 billion, a PE ratio of 8.61, a PEG ratio of 1.15 and a beta of 1.36.
Barclays (LON:BARC - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The financial services provider reported GBX 36 ($0.48) EPS for the quarter. Barclays had a net margin of 19.54% and a return on equity of 6.97%. On average, equities analysts forecast that Barclays PLC will post 39.1062802 EPS for the current year.
Insider Activity
In other Barclays news, insider Robert Berry purchased 3,028 shares of Barclays stock in a transaction on Friday, February 14th. The shares were acquired at an average cost of GBX 294 ($3.91) per share, for a total transaction of £8,902.32 ($11,853.95). Also, insider C.S. Venkatakrishnan sold 185,862 shares of the business's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of GBX 292 ($3.89), for a total transaction of £542,717.04 ($722,659.17). Corporate 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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