Barclays PLC (LON:BARC) Insider Anna Cross Sells 53,422 Shares

Barclays PLC (LON:BARC) insider Anna Cross sold 53,422 shares of Barclays stock in a transaction on Monday, June 17th. The shares were sold at an average price of GBX 203 ($2.58), for a total transaction of £108,446.66 ($137,797.53).

Barclays Price Performance

LON BARC opened at GBX 206.70 ($2.63) on Thursday. The firm’s fifty day moving average price is GBX 206.05 and its 200 day moving average price is GBX 175.35. The company has a market capitalization of £30.90 billion, a price-to-earnings ratio of 795.00, a price-to-earnings-growth ratio of -1.09 and a beta of 1.35. Barclays PLC has a 12 month low of GBX 128.12 ($1.63) and a 12 month high of GBX 224.30 ($2.85).

Analyst Upgrades and Downgrades

BARC has been the subject of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 335 ($4.26) price objective on shares of Barclays in a report on Tuesday, May 21st. Shore Capital reaffirmed a “buy” rating on shares of Barclays in a research note on Wednesday. Royal Bank of Canada dropped their price objective on shares of Barclays from GBX 260 ($3.30) to GBX 250 ($3.18) and set an “outperform” rating for the company in a research note on Thursday, June 13th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Barclays in a research note on Tuesday, March 12th. Finally, Peel Hunt initiated coverage on shares of Barclays in a report on Friday, April 19th. They issued a “buy” rating and a GBX 245 ($3.11) target price on the stock. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 262 ($3.33).

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.