Key Points
- Barclays Finance Director Anna Cross sold 461,588 shares at an average GBX 521, generating approximately £2.4 million in proceeds.
- Barclays shares were trading at GBX 523.30, near their one-year high of GBX 538.30, with a market capitalization of £70.58 billion.
- Analysts remain broadly positive: six rate Barclays a Buy and one a Hold, resulting in a “Moderate Buy” consensus and an average price target of GBX 575.
Barclays PLC (LON:BARC - Get Free Report) insider Anna Cross sold 461,588 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of GBX 521, for a total value of £2,404,873.48.
Barclays Trading Up 0.6%
Barclays stock opened at GBX 523.30 on Friday. The firm has a market capitalization of £70.58 billion, a P/E ratio of 10.83, a PEG ratio of 1.15 and a beta of 0.88. Barclays PLC has a 1 year low of GBX 352.85 and a 1 year high of GBX 538.30. The business has a 50-day moving average of GBX 502.05 and a 200-day moving average of GBX 461.04.
Barclays (LON:BARC - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The financial services provider reported GBX 30.70 EPS for the quarter. Barclays had a return on equity of 10.11% and a net margin of 25.61%. Research analysts anticipate that Barclays PLC will post 39.1062802 EPS for the current fiscal year.
Analysts Set New Price Targets
Several brokerages have commented on BARC. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 590 target price on shares of Barclays in a research note on Wednesday, July 29th. Shore Capital Group restated a "buy" rating on shares of Barclays in a research report on Tuesday, April 28th. JPMorgan Chase & Co. raised their price objective on Barclays from GBX 600 to GBX 610 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. Royal Bank Of Canada reduced their target price on Barclays from GBX 575 to GBX 550 and set an "outperform" rating on the stock in a report on Wednesday, July 29th. Finally, Citigroup boosted their target price on Barclays from GBX 505 to GBX 510 and gave the company a "neutral" rating in a research note on Wednesday, July 29th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Barclays currently has an average rating of "Moderate Buy" and an average price target of GBX 575.
Get Our Latest Stock Report on Barclays
Trending Headlines about Barclays
Here are the key news stories impacting Barclays this week:
- Positive Sentiment: Barclays acted as a joint book-running manager on Athene Holding’s planned $1 billion senior-notes offering. The mandate supports Barclays’ investment-banking activity, although the direct financial contribution was not disclosed. Athene senior notes offering
- Neutral Sentiment: Former Barclays banker Jessel Sheth is joining Lazard to expand its European technology advisory business. The move highlights competition for experienced banking talent but does not indicate a change to Barclays’ earnings outlook. Lazard hires Barclays veteran
- Neutral Sentiment: Recent Barclays-related headlines include a customer account-change warning ahead of an August deadline and reports of a legal dispute involving funds connected with a collapsed shadow bank. The available reports provide no quantified financial impact, making these developments more notable for headline and reputational risk than for near-term valuation. Barclays customer account warning Barclays legal dispute
- Negative Sentiment: Group Finance Director Anna Cross sold 461,588 Barclays shares at an average of GBX 521, worth approximately £2.4 million. The transaction may weigh on sentiment because it represents selling by a senior finance executive, although insider sales can also reflect personal financial planning and do not necessarily signal weaker fundamentals. Barclays director share disposal
Barclays Company Profile
(
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. In addition, the company engages in securities dealing activities. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985.
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