Barclays PLC (LON:BARC) Receives GBX 292 Average Target Price from Analysts

Barclays PLC (LON:BARC) has earned a consensus rating of “Buy” from the seven research firms that are currently covering the company, MarketBeat Ratings reports. Seven research analysts have rated the stock with a buy recommendation. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 292 ($3.67).

Several equities research analysts have recently issued reports on BARC shares. Shore Capital reissued a “buy” rating on shares of Barclays in a research report on Thursday, October 24th. Citigroup reiterated a “buy” rating on shares of Barclays in a report on Monday, September 2nd. Finally, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 350 ($4.40) price objective on shares of Barclays in a research note on Wednesday, December 11th.

Insider Buying and Selling at Barclays

In other news, insider Anna Cross sold 40,197 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of GBX 270 ($3.40), for a total transaction of £108,531.90 ($136,569.65). Also, insider Brian Gilvary sold 109,404 shares of the company’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of GBX 249 ($3.13), for a total value of £272,415.96 ($342,790.94). 1.47% of the stock is currently owned by insiders.

Barclays Stock Up 0.5 %

Shares of LON BARC opened at GBX 264.81 ($3.33) on Wednesday. The stock has a market capitalization of £38.42 billion, a PE ratio of 1,018.50, a P/E/G ratio of 1.15 and a beta of 1.36. The firm has a fifty day moving average of GBX 256.99 and a 200-day moving average of GBX 234.29. Barclays has a 52-week low of GBX 138.40 ($1.74) and a 52-week high of GBX 273.25 ($3.44).

About Barclays

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.