Insider Buying: Barclays PLC (LON:BARC) Insider Purchases 2,485 Shares of Stock

Key Points

• Barclays PLC insider Robert Berry purchased 2,485 shares at an average price of GBX 371 ($4.92), totaling approximately £9,219.35 ($12,224.01).
• Barclays' stock experienced a slight decline of 0.3%, trading at GBX 373.90 ($4.96) with a total volume of over 52 million shares during the trading period.
• Recent analyst ratings for Barclays include multiple "buy" recommendations, with a consensus target price of GBX 384.20 ($5.09) reflecting a generally positive outlook for the stock.

Barclays PLC (LON:BARC - Get Free Report) insider Robert Berry bought 2,485 shares of the stock in a transaction on Wednesday, July 30th. The shares were bought at an average price of GBX 371 ($4.92) per share, for a total transaction of £9,219.35 ($12,224.01).

Barclays Stock Down 0.3%

Shares of Barclays stock 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 stock has a 50 day simple moving average of GBX 335.16 and a 200-day simple moving average of GBX 307.75. The company has a market cap of £53.69 billion, a PE ratio of 10.99, a PEG ratio of 1.15 and a beta of 1.36. Barclays PLC has a twelve month low of GBX 196.44 ($2.60) and a twelve month high of GBX 376.35 ($4.99).

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 return on equity of 6.97% and a net margin of 19.54%. As a group, equities research analysts predict that Barclays PLC will post 39.1062802 EPS for the current year.

Analyst Ratings Changes

BARC has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Barclays in a research note on Wednesday. Royal Bank Of Canada increased their price target on 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. Shore Capital increased their price target on Barclays from GBX 395 ($5.24) to GBX 410 ($5.44) and gave the stock a "buy" rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 380 ($5.04) target price on shares of Barclays in a research report on Wednesday. Finally, Citigroup lowered Barclays to a "neutral" rating and increased their target price for the stock from GBX 360 ($4.77) to GBX 366 ($4.85) in a research report on Friday, July 18th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, Barclays has a consensus 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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