Barclays PLC (LON:BARC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 244.18 ($3.03) and traded as high as GBX 290.01 ($3.60). Barclays shares last traded at GBX 289.35 ($3.59), with a volume of 39,832,977 shares changing hands.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on BARC. Shore Capital reissued a "buy" rating on shares of Barclays in a research report on Thursday. JPMorgan Chase & Co. lifted their target price on Barclays from GBX 350 ($4.34) to GBX 360 ($4.46) and gave the stock an "overweight" rating in a report on Monday, January 13th. Seven analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of GBX 294 ($3.65).
View Our Latest Research Report on BARC
Barclays Stock Up 0.3 %
The firm has a market capitalization of £43.06 billion, a price-to-earnings ratio of 1,141.31, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36. The business's fifty day moving average is GBX 271.49 and its 200 day moving average is GBX 245.86.
Insider Buying and Selling at Barclays
In other news, insider Anna Cross sold 40,197 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of GBX 270 ($3.35), for a total transaction of £108,531.90 ($134,571.48). 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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