Insider Buying: Barclays PLC (LON:BARC) Insider Purchases 1,616 Shares of Stock

Key Points

• Diony Lebot, an insider at Barclays PLC, purchased 1,616 shares at an average price of GBX 371 ($4.92) in a transaction totaling approximately £5,995.36 ($7,949.30).
• Barclays shares traded down by 0.3% on Thursday, reaching GBX 373.90 ($4.96), with a market cap of £53.69 billion and a P/E ratio of 10.99.
• Recent analyst ratings for Barclays include a downgrade to "neutral" by Citigroup, while others, such as Shore Capital and Deutsche Bank, issued "buy" ratings with target prices ranging from GBX 366 ($4.85) to GBX 410 ($5.44).

Barclays PLC (LON:BARC - Get Free Report) insider Diony Lebot purchased 1,616 shares of the stock in a transaction that occurred on Wednesday, July 30th. The shares were acquired at an average price of GBX 371 ($4.92) per share, for a total transaction of £5,995.36 ($7,949.30).

Barclays Trading Down 0.3%

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 were exchanged, compared to its average volume of 47,228,480. Barclays PLC has a 12-month low of GBX 196.44 ($2.60) and a 12-month high of GBX 376.35 ($4.99). The firm has a 50 day moving average of GBX 335.16 and a 200 day moving average of GBX 307.75. The firm has a market cap of £53.69 billion, a P/E ratio of 10.99, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36.

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

Analyst Ratings Changes

BARC has been the topic of a number of analyst reports. Citigroup downgraded shares of Barclays to a "neutral" rating and lifted their target price for the stock from GBX 360 ($4.77) to GBX 366 ($4.85) in a research note on Friday, July 18th. Shore Capital lifted their target price 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. Royal Bank Of Canada lifted their target price 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. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Barclays in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 380 ($5.04) target price on shares of Barclays in a research report on Wednesday. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus 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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