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

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

Barclays Price Performance

BARC stock opened at GBX 206.70 ($2.63) on Thursday. The business has a 50-day moving average price of GBX 206.05 and a 200 day moving average price of GBX 175.35. The company has a market capitalization of £30.90 billion, a P/E ratio of 795.00, a PEG ratio of -1.09 and a beta of 1.35. Barclays PLC has a 1-year low of GBX 128.12 ($1.63) and a 1-year high of GBX 224.30 ($2.85).

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Shore Capital reaffirmed a “buy” rating on shares of Barclays in a report on Wednesday. Peel Hunt assumed 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 for the company. Jefferies Financial Group reissued a “buy” rating and issued a GBX 335 ($4.26) target price on shares of Barclays in a report on Tuesday, May 21st. Berenberg Bank restated a “buy” rating and issued a GBX 280 ($3.56) price target on shares of Barclays in a research report on Thursday, May 16th. Finally, Royal Bank of Canada lowered their price target on Barclays from GBX 260 ($3.30) to GBX 250 ($3.18) and set an “outperform” rating for the company in a research report on Thursday, June 13th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 262 ($3.33).

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.