John Kingman Buys 2,325 Shares of Barclays PLC (LON:BARC) Stock

Key Points

• John Kingman, an insider at Barclays PLC, purchased 2,325 shares at an average price of GBX 371 ($4.92), totaling £8,625.75 ($11,436.95).
• Barclays stock is currently trading down 0.3%, with a recent price of GBX 373.90 ($4.96) and a market capitalization of £53.69 billion.
• Analysts have mixed ratings for Barclays, with a consensus average rating of "Moderate Buy" and a target price of GBX 384.20 ($5.09).

Barclays PLC (LON:BARC - Get Free Report) insider John Kingman bought 2,325 shares of the business's stock in a transaction on Wednesday, July 30th. The stock was bought at an average price of GBX 371 ($4.92) per share, with a total value of £8,625.75 ($11,436.95).

Barclays Stock Down 0.3%

Shares of LON: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 stock traded hands, compared to its average volume of 47,228,480. The stock has a market capitalization of £53.69 billion, a PE 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). The business's 50 day moving average is GBX 335.16 and its two-hundred day moving average is GBX 307.75.

Barclays (LON:BARC - Get Free Report) last issued its quarterly earnings data 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, sell-side analysts forecast that Barclays PLC will post 39.1062802 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on BARC shares. Citigroup lowered shares of Barclays to a "neutral" rating and raised their price objective for the company from GBX 360 ($4.77) to GBX 366 ($4.85) in a research report on Friday, July 18th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 380 ($5.04) price target on shares of Barclays in a research report on Wednesday. Shore Capital lifted their price objective on Barclays from GBX 395 ($5.24) to GBX 410 ($5.44) and gave the company a "buy" rating in a research note on Tuesday. JPMorgan Chase & Co. restated an "overweight" rating on shares of Barclays in a research note on Wednesday. Finally, Royal Bank Of Canada lifted their price target 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. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Barclays currently has an average 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.

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