Barclays (LON:BARC) Stock Crosses Above 200-Day Moving Average – Should You Sell?

Posted by MarketBeat News on Jan 2nd, 2025

Shares of Barclays PLC (LON:BARC – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 235.76 ($2.95) and traded as high as GBX 268.15 ($3.36). Barclays shares last traded at GBX 268.15 ($3.36), with a volume of 9,253,079 shares.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 350 ($4.38) target price on shares of Barclays in a report on Wednesday, December 11th. Shore Capital reiterated a “buy” rating on shares of Barclays in a research report on Thursday, October 24th. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Barclays presently has an average rating of “Buy” and a consensus price target of GBX 292 ($3.65).

Check Out Our Latest Stock Analysis on Barclays

Barclays Price Performance

Want More Great Investing Ideas?

The company has a market cap of £38.91 billion, a PE ratio of 1,031.35, a P/E/G ratio of 1.15 and a beta of 1.36. The firm has a 50-day simple moving average of GBX 258.61 and a two-hundred day simple moving average of GBX 235.76.

Insider Activity at Barclays

In other news, insider Anna Cross sold 40,197 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of GBX 270 ($3.38), for a total transaction of £108,531.90 ($135,800.68). Also, insider Brian Gilvary sold 109,404 shares of Barclays stock in a transaction on Thursday, October 24th. The shares were sold at an average price of GBX 249 ($3.12), for a total value of £272,415.96 ($340,860.81). Corporate insiders own 1.47% of the company’s stock.

About Barclays

(Get Free Report)

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.