Barclays PLC (LON:BARC) Insider Brian Shea Acquires 2,931 Shares

Key Points

• Brian Shea, an insider at Barclays PLC, purchased 2,931 shares at an average price of GBX 371 per share, totaling approximately £10,874.01.
• Barclays reported earnings per share (EPS) of GBX 11.70 for the quarter, with research analysts projecting an EPS of 39.11 for the current fiscal year.
• Various analysts have assigned buy ratings for Barclays, with price targets being raised as high as GBX 410, while the stock currently has an average target price of GBX 384.20.

Barclays PLC (LON:BARC - Get Free Report) insider Brian Shea acquired 2,931 shares of the company's stock in a transaction on Wednesday, July 30th. The stock was bought at an average price of GBX 371 ($4.92) per share, for a total transaction of £10,874.01 ($14,417.94).

Barclays Price Performance

Shares of 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 stock were exchanged, compared to its average volume of 47,228,480. The company's 50 day moving average is GBX 335.16 and its 200 day moving average is GBX 307.75. The firm has a market capitalization 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 one year low of GBX 196.44 ($2.60) and a one year high of GBX 376.35 ($4.99).

Barclays (LON:BARC - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The financial services provider reported GBX 11.70 ($0.16) earnings per share (EPS) for the quarter. Barclays had a net margin of 19.54% and a return on equity of 6.97%. Research analysts anticipate that Barclays PLC will post 39.1062802 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

About Barclays

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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