Barclays (LON:BARC) Given New GBX 455 Price Target at Jefferies Financial Group

Barclays (LON:BARC) had its price objective increased by Jefferies Financial Group from GBX 405 to GBX 455 in a research note published on Tuesday morning, Marketbeat reports. Jefferies Financial Group currently has a buy rating on the financial services provider’s stock.

BARC has been the topic of a number of other research reports. Shore Capital lifted their price target on shares of Barclays from GBX 395 to GBX 410 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 380 price target on shares of Barclays in a research note on Wednesday, July 30th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Barclays in a research note on Wednesday, July 30th. Royal Bank Of Canada lifted their price target on shares of Barclays from GBX 355 to GBX 435 and gave the company an “outperform” rating in a research note on Tuesday, August 5th. Finally, Citigroup cut shares of Barclays to a “neutral” rating and lifted their price target for the company from GBX 360 to GBX 366 in a research note on Friday, July 18th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 409.33.

Barclays Price Performance

Shares of LON BARC opened at GBX 373.80 on Tuesday. The stock has a market capitalization of £53.67 billion, a price-to-earnings ratio of 10.99, a PEG ratio of 1.15 and a beta of 1.36. Barclays has a 12 month low of GBX 213.90 and a 12 month high of GBX 379.32. The firm’s 50 day simple moving average is GBX 352.17 and its 200-day simple moving average is GBX 318.39.

Barclays (LON:BARC) last issued its quarterly earnings data on Tuesday, July 29th. The financial services provider reported GBX 11.70 EPS for the quarter. Barclays had a net margin of 19.54% and a return on equity of 6.97%. Analysts anticipate that Barclays will post 39.1062802 earnings per share for the current fiscal year.

Insider Transactions at Barclays

In related news, insider Brian Shea acquired 2,931 shares of Barclays stock in a transaction that occurred on Wednesday, July 30th. The shares were purchased at an average cost of GBX 371 per share, for a total transaction of £10,874.01. Also, insider Anna Cross sold 753,438 shares of the business’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of GBX 373, for a total transaction of £2,810,323.74. In the last 90 days, insiders bought 98,837 shares of company stock worth $33,407,827 and sold 789,945 shares worth $292,933,656. Corporate insiders own 1.47% of the company’s stock.

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.