Free Trial

Analysts Set Barclays PLC (LON:BARC) Target Price at GBX 340

Barclays logo with Financial Services background

Barclays PLC (LON:BARC - Get Free Report) has earned an average recommendation of "Buy" from the five research firms that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 340 ($4.59).

A number of brokerages recently commented on BARC. Shore Capital restated a "buy" rating on shares of Barclays in a research report on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 350 ($4.72) target price on shares of Barclays in a research report on Monday, February 24th. JPMorgan Chase & Co. boosted their target price on shares of Barclays from GBX 370 ($4.99) to GBX 410 ($5.53) and gave the stock a "top pick" rating in a research report on Tuesday, March 25th. Finally, Citigroup boosted their target price on shares of Barclays from GBX 320 ($4.32) to GBX 350 ($4.72) and gave the stock a "buy" rating in a research report on Thursday, March 6th.

Check Out Our Latest Analysis on Barclays

Insiders Place Their Bets

In related news, insider C.S. Venkatakrishnan sold 185,862 shares of Barclays stock in a transaction dated Friday, March 14th. The stock was sold at an average price of GBX 292 ($3.94), for a total transaction of £542,717.04 ($732,510.51). 1.47% of the stock is owned by corporate insiders.

Barclays Price Performance

Shares of LON BARC traded up GBX 2.10 ($0.03) during midday trading on Friday, hitting GBX 326.05 ($4.40). The company's stock had a trading volume of 27,842,918 shares, compared to its average volume of 51,602,230. Barclays has a 1 year low of GBX 196.44 ($2.65) and a 1 year high of GBX 331.20 ($4.47). The business's fifty day simple moving average is GBX 293.99 and its two-hundred day simple moving average is GBX 285.52. The firm has a market capitalization of £46.82 billion, a price-to-earnings ratio of 9.58, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36.

Barclays (LON:BARC - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The financial services provider reported GBX 13 ($0.18) earnings per share for the quarter. Barclays had a net margin of 19.54% and a return on equity of 6.97%. Analysts anticipate that Barclays will post 39.1062802 EPS for the current fiscal year.

About Barclays

(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.

Further Reading

Analyst Recommendations for Barclays (LON:BARC)

Should You Invest $1,000 in Barclays Right Now?

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

20 Stocks to Sell Now Cover

Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.

Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant
NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines