Barclays PLC (LON:BARC) Insider Acquires £9,824.08 in Stock

Barclays PLC (LON:BARC) insider Julia Wilson bought 2,648 shares of the company’s stock in a transaction on Wednesday, July 30th. The stock was bought at an average cost of GBX 371 ($4.92) per share, for a total transaction of £9,824.08 ($13,039.66).

Barclays Stock Down 3.9%

Shares of BARC stock opened at GBX 356.65 ($4.73) on Friday. The stock has a 50-day simple moving average of GBX 336.77 and a 200 day simple moving average of GBX 309.36. Barclays PLC has a fifty-two week low of GBX 196.44 ($2.61) and a fifty-two week high of GBX 376.35 ($5.00). The stock has a market capitalization of £51.21 billion, a P/E ratio of 10.48, a P/E/G ratio of 1.15 and a beta of 1.36.

Barclays (LON:BARC) last announced its earnings results 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%. On average, sell-side analysts anticipate that Barclays PLC will post 39.1062802 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on BARC. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Barclays in a research report on Wednesday. Shore Capital raised their price target on Barclays from GBX 395 ($5.24) to GBX 410 ($5.44) and gave the company a “buy” rating in a report on Tuesday, July 29th. Citigroup lowered Barclays to a “neutral” rating and raised their price target for the company from GBX 360 ($4.78) to GBX 366 ($4.86) in a report on Friday, July 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 380 ($5.04) price target on shares of Barclays in a report on Wednesday. Finally, Royal Bank Of Canada raised their price target on Barclays from GBX 340 ($4.51) to GBX 355 ($4.71) and gave the company an “outperform” rating in a report on Wednesday, July 16th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Barclays currently has a consensus rating of “Moderate Buy” and an average target price of GBX 384.20 ($5.10).

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.