Barclays PLC (LON:BARC - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 277.99 ($3.70) and traded as high as GBX 308.02 ($4.10). Barclays shares last traded at GBX 307.20 ($4.09), with a volume of 32,107,768 shares changing hands.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on BARC. JPMorgan Chase & Co. increased their price target on shares of Barclays from GBX 370 ($4.92) to GBX 410 ($5.46) and gave the stock a "top pick" rating in a report on Tuesday, March 25th. Shore Capital reissued a "buy" rating on shares of Barclays in a research note on Wednesday, April 30th. Citigroup lifted their price target on Barclays from GBX 320 ($4.26) to GBX 350 ($4.66) and gave the company a "buy" rating in a research note on Thursday, March 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 350 ($4.66) price objective on shares of Barclays in a report on Monday, February 24th. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of GBX 329.17 ($4.38).
Check Out Our Latest Research Report on Barclays
Barclays Price Performance
The business's 50-day simple moving average is GBX 286.75 and its 200-day simple moving average is GBX 278.98. The company has a market cap of £45.49 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 1.15 and a beta of 1.36.
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) EPS for the quarter. Barclays had a net margin of 19.54% and a return on equity of 6.97%. As a group, sell-side analysts forecast that Barclays PLC will post 39.1062802 EPS for the current year.
Insider Transactions at Barclays
In other Barclays news, insider Robert Berry acquired 3,028 shares of the company's stock in a transaction on Friday, February 14th. The shares were bought at an average cost of GBX 294 ($3.91) per share, for a total transaction of £8,902.32 ($11,847.64). Also, insider C.S. Venkatakrishnan sold 185,862 shares of Barclays stock in a transaction on Friday, March 14th. The stock was sold at an average price of GBX 292 ($3.89), for a total transaction of £542,717.04 ($722,274.47). Company insiders own 1.47% of the company's stock.
Barclays Company Profile
(
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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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