Barclays’ (BARC) Buy Rating Reiterated at Shore Capital

Barclays (LON:BARC)‘s stock had its “buy” rating reiterated by research analysts at Shore Capital in a research report issued to clients and investors on Thursday, MarketBeat.com reports.

Separately, JPMorgan Chase & Co. upped their price objective on shares of Barclays from GBX 350 ($4.34) to GBX 360 ($4.46) and gave the company an “overweight” rating in a report on Monday, January 13th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 294 ($3.64).

Barclays Stock Up 0.3 %

LON:BARC opened at GBX 296.74 ($3.68) on Thursday. The firm has a market capitalization of £43.06 billion, a P/E ratio of 1,141.31, a P/E/G ratio of 1.15 and a beta of 1.36. Barclays has a twelve month low of GBX 139.54 ($1.73) and a twelve month high of GBX 299.30 ($3.71). The company has a fifty day moving average of GBX 270.70 and a 200-day moving average of GBX 245.37.

Insider Buying and Selling at Barclays

In related news, insider Anna Cross sold 40,197 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of GBX 270 ($3.35), for a total value of £108,531.90 ($134,504.77). 1.47% of the stock is currently owned by company insiders.

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.