Barclays PLC (LON:BARC - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 334.60 ($4.59) and last traded at GBX 333.28 ($4.57), with a volume of 702888500 shares changing hands. The stock had previously closed at GBX 331.85 ($4.55).
Analysts Set New Price Targets
A number of analysts have weighed in on the stock. Shore Capital reissued a "buy" rating on shares of Barclays in a research report on Wednesday, April 30th. Citigroup increased their target price on shares of Barclays from GBX 320 ($4.39) to GBX 350 ($4.80) and gave the company a "buy" rating in a research report on Thursday, March 6th. Finally, JPMorgan Chase & Co. increased their target price on shares of Barclays from GBX 370 ($5.08) to GBX 410 ($5.63) and gave the company a "top pick" rating in a research report on Tuesday, March 25th.
Read Our Latest Analysis on BARC
Barclays Trading Up 2.2%
The company has a market cap of £48.61 billion, a price-to-earnings ratio of 9.95, a P/E/G ratio of 1.15 and a beta of 1.36. The firm's 50-day moving average price is GBX 314.93 and its 200 day moving average price is GBX 294.43.
Barclays (LON:BARC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported GBX 13 ($0.18) EPS for the quarter. Barclays had a net margin of 19.54% and a return on equity of 6.97%. Analysts forecast that Barclays PLC will post 39.1062802 earnings per share for the current fiscal year.
Insider Transactions at Barclays
In related news, insider C.S. Venkatakrishnan sold 23,395 shares of Barclays stock in a transaction on Friday, June 20th. The shares were sold at an average price of GBX 326 ($4.47), for a total value of £76,267.70 ($104,662.69). Also, insider Anna Cross sold 13,112 shares of Barclays stock in a transaction on Friday, June 20th. The shares were sold at an average price of GBX 326 ($4.47), for a total transaction of £42,745.12 ($58,659.42). Insiders own 1.47% of the company's stock.
Barclays Company Profile
(
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.
Featured Articles
Before you consider Barclays, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Barclays wasn't on the list.
While Barclays currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
