Barclays (LON:BARC - Get Free Report)'s stock had its "buy" rating restated by equities research analysts at Shore Capital in a report issued on Wednesday, Marketbeat reports.
Other research analysts have also recently issued reports about the company. Citigroup boosted their price target on Barclays from GBX 320 ($4.25) to GBX 350 ($4.65) and gave the stock a "buy" rating in a report on Thursday, March 6th. JPMorgan Chase & Co. boosted their target price on shares of Barclays from GBX 370 ($4.91) to GBX 410 ($5.44) and gave the stock a "top pick" rating in a report on Tuesday, March 25th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 350 ($4.65) target price on shares of Barclays in a research note on Monday, February 24th. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of GBX 329.17 ($4.37).
Check Out Our Latest Stock Report on Barclays
Barclays Stock Performance
Shares of BARC traded up GBX 5.24 ($0.07) during mid-day trading on Wednesday, reaching GBX 300.04 ($3.98). The stock had a trading volume of 38,237,129 shares, compared to its average volume of 54,271,586. The firm has a market cap of £43.08 billion, a price-to-earnings ratio of 8.82, a PEG ratio of 1.15 and a beta of 1.36. Barclays has a 12 month low of GBX 196.44 ($2.61) and a 12 month high of GBX 316 ($4.19). The business has a fifty day moving average of GBX 286.83 and a 200 day moving average of GBX 275.94.
Barclays (LON:BARC - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The financial services provider reported GBX 13 ($0.17) earnings per share (EPS) for the quarter. Barclays had a return on equity of 6.97% and a net margin of 19.54%. On average, research analysts forecast that Barclays will post 39.1062802 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Robert Berry bought 3,028 shares of the stock in a transaction dated Friday, February 14th. The stock was purchased at an average price of GBX 294 ($3.90) per share, for a total transaction of £8,902.32 ($11,816.19). Also, insider C.S. Venkatakrishnan sold 185,862 shares of the company's stock in a transaction dated Friday, March 14th. The shares were sold at an average price of GBX 292 ($3.88), for a total transaction of £542,717.04 ($720,357.10). Corporate insiders own 1.47% of the company's stock.
About Barclays
(
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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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