Barclays (LON:BARC) Earns Buy Rating from Shore Capital

Shore Capital restated their buy rating on shares of Barclays (LON:BARCFree Report) in a research note issued to investors on Thursday, MarketBeat Ratings reports.

Separately, JPMorgan Chase & Co. upped their target price on shares of Barclays from GBX 350 ($4.35) to GBX 360 ($4.47) and gave the stock an “overweight” rating in a research note on Monday, January 13th. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Barclays presently has an average rating of “Buy” and an average price target of GBX 294 ($3.65).

Read Our Latest Analysis on BARC

Barclays Price Performance

LON BARC opened at GBX 296.70 ($3.68) on Thursday. The company has a market cap of £43.05 billion, a P/E ratio of 1,141.15, a P/E/G ratio of 1.15 and a beta of 1.36. The stock has a 50-day moving average of GBX 270.04 and a two-hundred day moving average of GBX 245.02. Barclays has a 1-year low of GBX 139.54 ($1.73) and a 1-year high of GBX 299.30 ($3.72).

Insider Activity at Barclays

In other news, insider Anna Cross sold 40,197 shares of the company’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of GBX 270 ($3.35), for a total transaction of £108,531.90 ($134,788.75). 1.47% of the stock is owned by corporate insiders.

Barclays Company Profile

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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.

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Analyst Recommendations for Barclays (LON:BARC)

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