Barclays PLC (LON:BARC) Insider C.S. Venkatakrishnan Sells 185,862 Shares

Barclays PLC (LON:BARC) insider C.S. Venkatakrishnan sold 185,862 shares of the company’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of GBX 292 ($3.79), for a total transaction of £542,717.04 ($704,918.87).

Barclays Stock Up 0.0 %

BARC stock opened at GBX 294.85 ($3.83) on Tuesday. The stock’s 50 day moving average is GBX 293.17 and its two-hundred day moving average is GBX 262.48. Barclays PLC has a 52-week low of GBX 173.80 ($2.26) and a 52-week high of GBX 316 ($4.10). The company has a market capitalization of £42.34 billion, a PE ratio of 8.67, a P/E/G ratio of 1.15 and a beta of 1.36.

Barclays (LON:BARC) last released its quarterly earnings results on Thursday, February 13th. The financial services provider reported GBX 36 ($0.47) earnings per share for the quarter. Barclays had a net margin of 19.54% and a return on equity of 6.97%. As a group, sell-side analysts anticipate that Barclays PLC will post 39.1062802 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on BARC shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 350 ($4.55) target price on shares of Barclays in a research report on Monday, February 24th. JPMorgan Chase & Co. upped their price target on Barclays from GBX 360 ($4.68) to GBX 370 ($4.81) and gave the stock an “overweight” rating in a report on Tuesday, February 18th. Citigroup increased their price objective on shares of Barclays from GBX 320 ($4.16) to GBX 350 ($4.55) and gave the company a “buy” rating in a research report on Thursday, March 6th. Finally, Shore Capital restated a “buy” rating on shares of Barclays in a research note on Thursday, January 30th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Barclays presently has a consensus rating of “Buy” and an average price target of GBX 311.43 ($4.05).

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.