Barclays PLC (LON:BARC) Receives Average Rating of “Buy” from Analysts

Shares of Barclays PLC (LON:BARC) have been given an average rating of “Buy” by the seven ratings firms that are presently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a buy rating. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 292 ($3.66).

A number of research analysts have issued reports on the company. Shore Capital reissued a “buy” rating on shares of Barclays in a research note on Thursday, October 24th. Citigroup reiterated a “buy” rating on shares of Barclays in a report on Monday, September 2nd. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 350 ($4.39) target price on shares of Barclays in a research note on Wednesday, December 11th.

Insider Buying and Selling

In related news, insider Brian Gilvary sold 109,404 shares of Barclays stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of GBX 249 ($3.12), for a total value of £272,415.96 ($341,501.77). Also, insider Anna Cross sold 40,197 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of GBX 270 ($3.38), for a total value of £108,531.90 ($136,056.04). 1.47% of the stock is owned by corporate insiders.

Barclays Stock Up 0.5 %

Shares of BARC stock opened at GBX 262.95 ($3.30) on Wednesday. Barclays has a 12-month low of GBX 138.40 ($1.73) and a 12-month high of GBX 273.25 ($3.43). The firm has a fifty day moving average of GBX 255.08 and a 200-day moving average of GBX 233.21. The firm has a market capitalization of £38.15 billion, a price-to-earnings ratio of 1,011.35, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36.

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.