Barclays PLC (LON:BARC) Insider Sells £542,717.04 in Stock

Barclays PLC (LON:BARC) insider C.S. Venkatakrishnan sold 185,862 shares of the stock in a transaction dated Friday, March 14th. The stock was sold at an average price of GBX 292 ($3.77), for a total transaction of £542,717.04 ($701,547.36).

Barclays Stock Up 0.0 %

LON BARC traded up GBX 0.10 ($0.00) during trading hours on Monday, reaching GBX 294.85 ($3.81). 47,948,266 shares of the company were exchanged, compared to its average volume of 50,755,109. The stock has a market capitalization of £42.34 billion, a P/E ratio of 8.67, a P/E/G ratio of 1.15 and a beta of 1.36. Barclays PLC has a 1 year low of GBX 173.80 ($2.25) and a 1 year high of GBX 316 ($4.08). The business’s 50 day simple moving average is GBX 292.73 and its 200-day simple moving average is GBX 262.

Barclays (LON:BARC) last issued its quarterly earnings results on Thursday, February 13th. The financial services provider reported GBX 36 ($0.47) earnings per share (EPS) for the quarter. Barclays had a net margin of 19.54% and a return on equity of 6.97%. As a group, sell-side analysts anticipate that Barclays PLC will post 39.1062802 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on BARC shares. Citigroup raised their target price on Barclays from GBX 320 ($4.14) to GBX 350 ($4.52) and gave the company a “buy” rating in a report on Thursday, March 6th. JPMorgan Chase & Co. raised their price objective on Barclays from GBX 360 ($4.65) to GBX 370 ($4.78) and gave the company an “overweight” rating in a research note on Tuesday, February 18th. Shore Capital reiterated a “buy” rating on shares of Barclays in a research note on Thursday, January 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 350 ($4.52) price target on shares of Barclays in a research report on Monday, February 24th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 311.43 ($4.03).

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.