Insider Buying: Barclays PLC (LON:BARC) Insider Purchases 2,999 Shares of Stock

Key Points

• Dawn Fitzpatrick, an insider at Barclays PLC, purchased 2,999 shares at an average price of GBX 371 ($4.92), totaling approximately £11,126.29 ($14,752.44) on July 30th.
• In recent trading, Barclays stocks experienced a slight decrease of 0.3%, with shares trading at GBX 373.90 ($4.96) and a market capitalization of £53.69 billion.
• Analysts have mixed ratings for Barclays, with target prices ranging from GBX 355 ($4.71) to GBX 410 ($5.44), and an average rating of "Moderate Buy" according to MarketBeat.

Barclays PLC (LON:BARC - Get Free Report) insider Dawn Fitzpatrick bought 2,999 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, with a total value of £11,126.29 ($14,752.44).

Barclays Trading Down 0.3%

BARC traded down GBX 1.10 ($0.01) during midday trading on Thursday, hitting GBX 373.90 ($4.96). 52,205,195 shares of the company were exchanged, compared to its average volume of 47,228,480. The company's 50 day simple moving average is GBX 335.16 and its 200 day simple moving average is GBX 307.75. The firm has a market capitalization of £53.69 billion, a price-to-earnings ratio of 10.99, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36. Barclays PLC has a 1-year low of GBX 196.44 ($2.60) and a 1-year high of GBX 376.35 ($4.99).

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on BARC shares. Citigroup lowered Barclays to a "neutral" rating and upped their target price for the stock from GBX 360 ($4.77) to GBX 366 ($4.85) in a report on Friday, July 18th. Shore Capital increased their price objective on Barclays from GBX 395 ($5.24) to GBX 410 ($5.44) and gave the company a "buy" rating in a report on Tuesday. Royal Bank Of Canada upped their target price on Barclays from GBX 340 ($4.51) to GBX 355 ($4.71) and gave the company an "outperform" rating in a research report on Wednesday, July 16th. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Barclays in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 380 ($5.04) price target on shares of Barclays in a research 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, Barclays presently has an average rating of "Moderate Buy" and an average 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.

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