Barclays PLC (LON:BARC) Insider Brian Gilvary Purchases 4,640 Shares

Key Points

• Brian Gilvary, an insider at Barclays PLC, purchased 4,640 shares at an average cost of GBX 371 ($4.92) on July 30, for a total value of £17,214.40 ($22,824.71).
• Barclays stock saw a slight decline of 0.3%, trading at GBX 373.90 ($4.96) with a market cap of £53.69 billion.
• Analysts hold a consensus rating of "Moderate Buy" for Barclays, with a target price of GBX 384.20 ($5.09), as several firms have recently updated their ratings and price objectives.

Barclays PLC (LON:BARC - Get Free Report) insider Brian Gilvary acquired 4,640 shares of Barclays stock in a transaction on Wednesday, July 30th. The shares were purchased at an average cost of GBX 371 ($4.92) per share, with a total value of £17,214.40 ($22,824.71).

Barclays Stock Down 0.3%

LON:BARC traded down GBX 1.10 ($0.01) during trading hours on Thursday, hitting GBX 373.90 ($4.96). 52,205,195 shares of the company's stock traded hands, compared to its average volume of 47,228,480. The firm has a market cap of £53.69 billion, a P/E ratio of 10.99, a P/E/G ratio of 1.15 and a beta of 1.36. Barclays PLC has a 52 week low of GBX 196.44 ($2.60) and a 52 week high of GBX 376.35 ($4.99). The business's fifty day simple moving average is GBX 335.16 and its two-hundred day simple moving average is GBX 307.75.

Barclays (LON:BARC - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The financial services provider reported GBX 11.70 ($0.16) 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, analysts expect that Barclays PLC will post 39.1062802 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 380 ($5.04) price objective on shares of Barclays in a report on Wednesday. Royal Bank Of Canada increased their price objective on Barclays from GBX 340 ($4.51) to GBX 355 ($4.71) and gave the company an "outperform" rating in a report on Wednesday, July 16th. Shore Capital raised their price target on Barclays from GBX 395 ($5.24) to GBX 410 ($5.44) and gave the stock a "buy" rating in a report on Tuesday. Citigroup lowered Barclays to a "neutral" rating and raised their price target for the stock from GBX 360 ($4.77) to GBX 366 ($4.85) in a report on Friday, July 18th. Finally, JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Barclays in a report on Wednesday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Barclays has a consensus rating of "Moderate Buy" and a consensus target price of GBX 384.20 ($5.09).

Barclays Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.