C.S. Venkatakrishnan Sells 185,862 Shares of Barclays PLC (LON:BARC) Stock

Barclays PLC (LON:BARC - Get Free Report) insider C.S. Venkatakrishnan sold 185,862 shares of Barclays stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of GBX 292 ($3.79), for a total value of £542,717.04 ($703,730.60).

Barclays Stock Performance

LON BARC traded down GBX 4.45 ($0.06) on Friday, reaching GBX 297.60 ($3.86). 2,147,000,000 shares of the stock traded hands, compared to its average volume of 87,155,188. The company has a fifty day moving average price of GBX 295.45 and a 200-day moving average price of GBX 263.56. The company has a market cap of £42.73 billion, a price-to-earnings ratio of 8.75, a PEG ratio of 1.15 and a beta of 1.36. Barclays PLC has a 12 month low of GBX 176.24 ($2.29) and a 12 month high of GBX 316 ($4.10).

Barclays (LON:BARC - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The financial services provider reported GBX 36 ($0.47) EPS for the quarter. Barclays had a return on equity of 6.97% and a net margin of 19.54%. As a group, research analysts anticipate that Barclays PLC will post 39.1062802 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 350 ($4.54) price objective on shares of Barclays in a research note on Monday, February 24th. Shore Capital reiterated a "buy" rating on shares of Barclays in a report on Thursday, January 30th. Citigroup lifted their target price on Barclays from GBX 320 ($4.15) to GBX 350 ($4.54) and gave the stock a "buy" rating in a report on Thursday, March 6th. Finally, JPMorgan Chase & Co. lifted their target price on Barclays from GBX 360 ($4.67) to GBX 370 ($4.80) and gave the stock an "overweight" rating in a report on Tuesday, February 18th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of GBX 311.43 ($4.04).

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About Barclays

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.