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
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Get Free ReportBarclays 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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