Barclays PLC (LON:BARC - Get Free Report) has been assigned an average rating of "Buy" from the eight brokerages that are presently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 317.14 ($4.05).
Several analysts have issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of Barclays from GBX 370 ($4.73) to GBX 410 ($5.24) and gave the company a "top pick" rating in a research report on Tuesday, March 25th. Citigroup raised their price target on shares of Barclays from GBX 320 ($4.09) to GBX 350 ($4.47) and gave the company a "buy" rating in a report on Thursday, March 6th. Shore Capital reiterated a "buy" rating on shares of Barclays in a report on Thursday, January 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 350 ($4.47) target price on shares of Barclays in a research report on Monday, February 24th.
View Our Latest Stock Report on BARC
Barclays Stock Performance
Barclays stock traded up GBX 12.20 ($0.16) during trading on Friday, reaching GBX 254.05 ($3.25). 88,363,695 shares of the company's stock were exchanged, compared to its average volume of 54,241,223. Barclays has a 52-week low of GBX 176.24 ($2.25) and a 52-week high of GBX 316 ($4.04). The firm has a market cap of £36.48 billion, a price-to-earnings ratio of 7.47, a PEG ratio of 1.15 and a beta of 1.36. The company's 50-day moving average is GBX 295.07 and its two-hundred day moving average is GBX 269.74.
Barclays (LON:BARC - Get Free Report) last issued its earnings results on Thursday, February 13th. The financial services provider reported GBX 36 ($0.46) earnings per share for the quarter. Barclays had a return on equity of 6.97% and a net margin of 19.54%. Analysts anticipate that Barclays will post 39.1062802 EPS for the current year.
Insider Transactions at Barclays
In other Barclays news, insider C.S. Venkatakrishnan sold 185,862 shares of the stock in a transaction on Friday, March 14th. The shares were sold at an average price of GBX 292 ($3.73), for a total transaction of £542,717.04 ($693,479.48). Also, insider Robert Berry purchased 3,028 shares of Barclays stock in a transaction dated Friday, February 14th. The stock was acquired at an average price of GBX 294 ($3.76) per share, for a total transaction of £8,902.32 ($11,375.31). Corporate insiders own 1.47% of the company's stock.
About Barclays
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Get Free ReportBarclays 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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