Barclays PLC (LON:BARC) Receives GBX 495 Average PT from Brokerages

Barclays PLC (LON:BARCGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 495.

A number of brokerages have recently issued reports on BARC. Citigroup lowered their price target on Barclays from GBX 495 to GBX 450 and set a “neutral” rating on the stock in a report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Barclays from GBX 480 to GBX 570 and gave the stock a “buy” rating in a report on Friday, January 23rd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Barclays from GBX 500 to GBX 570 and gave the stock an “overweight” rating in a research report on Tuesday, January 20th.

Check Out Our Latest Research Report on BARC

Insider Activity at Barclays

In other news, insider Marc Moses bought 1,703 shares of the stock in a transaction on Wednesday, February 11th. The shares were bought at an average price of GBX 481 per share, with a total value of £8,191.43. Also, insider Nigel Higgins bought 6,769 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was purchased at an average cost of GBX 481 per share, for a total transaction of £32,558.89. Insiders have bought 27,452 shares of company stock valued at $13,204,412 in the last 90 days. 0.34% of the stock is owned by company insiders.

Barclays Price Performance

BARC opened at GBX 394.90 on Monday. The firm has a market cap of £54.41 billion, a PE ratio of 9.34, a P/E/G ratio of 1.15 and a beta of 0.80. The stock has a 50-day moving average price of GBX 450.52 and a 200-day moving average price of GBX 428.70. Barclays has a 1 year low of GBX 223.75 and a 1 year high of GBX 507.45.

Barclays (LON:BARCGet Free Report) last released its quarterly earnings data on Thursday, February 12th. The financial services provider reported GBX 8.60 earnings per share for the quarter. Barclays had a net margin of 17.82% and a return on equity of 9.41%. As a group, sell-side analysts anticipate that Barclays will post 39.1062802 EPS for the current year.

Barclays News Summary

Here are the key news stories impacting Barclays this week:

About Barclays

(Get Free Report)

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. In addition, the company engages in securities dealing activities. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985.

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Analyst Recommendations for Barclays (LON:BARC)

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