Barclays (LON:BARC) Stock Rating Reaffirmed by Shore Capital

Barclays (LON:BARC)‘s stock had its “buy” rating restated by analysts at Shore Capital in a research report issued to clients and investors on Thursday, MarketBeat reports.

A number of other equities analysts have also recently weighed in on BARC. Citigroup reaffirmed a “buy” rating on shares of Barclays in a research note on Monday, September 2nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 270 ($3.51) target price on shares of Barclays in a report on Monday, September 9th. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Barclays has a consensus rating of “Buy” and a consensus price target of GBX 276 ($3.58).

Barclays Stock Performance

BARC stock opened at GBX 241.40 ($3.13) on Thursday. Barclays has a one year low of GBX 128.12 ($1.66) and a one year high of GBX 251.30 ($3.26). The company has a fifty day moving average of GBX 228.26 and a 200-day moving average of GBX 217.61. The stock has a market capitalization of £35.03 billion, a PE ratio of 928.46, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36.

Insider Buying and Selling

In other news, insider Dawn Fitzpatrick bought 5,259 shares of the business’s stock in a transaction that occurred on Friday, August 2nd. The shares were acquired at an average cost of GBX 210 ($2.73) per share, with a total value of £11,043.90 ($14,339.00). In other Barclays news, insider Anna Cross sold 49,013 shares of Barclays stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of GBX 221 ($2.87), for a total transaction of £108,318.73 ($140,637.15). Also, insider Dawn Fitzpatrick acquired 5,259 shares of the firm’s stock in a transaction on Friday, August 2nd. The shares were acquired at an average price of GBX 210 ($2.73) per share, with a total value of £11,043.90 ($14,339.00). 1.47% of the stock is currently owned by company insiders.

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.