Insider Selling: Barclays PLC (LON:BARC) Insider Sells 40,197 Shares of Stock

Barclays PLC (LON:BARC) insider Anna Cross sold 40,197 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of GBX 270 ($3.39), for a total value of £108,531.90 ($136,449.46).

Barclays Trading Up 0.9 %

Shares of LON:BARC opened at GBX 267.05 ($3.36) on Thursday. The company has a market capitalization of £38.75 billion, a price-to-earnings ratio of 1,027.12, a PEG ratio of 1.15 and a beta of 1.36. Barclays PLC has a 12 month low of GBX 138.40 ($1.74) and a 12 month high of GBX 273.25 ($3.44). The firm’s 50-day moving average is GBX 253.56 and its 200 day moving average is GBX 232.19.

Analysts Set New Price Targets

Several research firms have recently issued reports on BARC. Shore Capital reiterated a “buy” rating on shares of Barclays in a research report on Thursday, October 24th. Citigroup reiterated a “buy” rating on shares of Barclays in a research note on Monday, September 2nd. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 350 ($4.40) target price on shares of Barclays in a report on Wednesday, December 11th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 292 ($3.67).

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.