Barclays PLC (LON:BARC) Receives GBX 495 Average Price Target from Brokerages

Barclays PLC (LON:BARC) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 495.

A number of brokerages have recently issued reports on BARC. Citigroup dropped their target price on Barclays from GBX 495 to GBX 450 and set a “neutral” rating for the company in a report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft raised their price target on Barclays from GBX 480 to GBX 570 and gave the company a “buy” rating in a report on Friday, January 23rd. Finally, JPMorgan Chase & Co. raised their price target on Barclays from GBX 500 to GBX 570 and gave the company an “overweight” rating in a report on Tuesday, January 20th.

Insider Buying and Selling

In other news, insider Nigel Higgins bought 6,769 shares of the stock in a transaction dated Wednesday, February 11th. The stock was bought at an average cost of GBX 481 per share, with a total value of £32,558.89. Also, insider Robert Berry bought 1,891 shares of the stock in a transaction dated Wednesday, February 11th. The stock was purchased at an average cost of GBX 481 per share, with a total value of £9,095.71. In the last three months, insiders acquired 27,452 shares of company stock worth $13,204,412. 0.27% of the stock is currently owned by company insiders.

Key Headlines Impacting Barclays

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: Management confirmed continued push into Saudi Arabia — Barclays CEO C.S. Venkatakrishnan said the bank is seeking a Saudi banking license and will open a regional HQ this year, signaling revenue/fee growth potential from Middle East expansion. Read More.
• Positive Sentiment: Barclays analysts’ high‑profile AI/cloud calls (notably on Amazon) increase the bank’s research visibility and may boost market sentiment around Barclays’ insight/commission flows. Read More.
• Neutral Sentiment: Barclays staff are active in public commentary about the AI/data‑center buildout, raising the bank’s profile in technology research (benefit to reputation; uncertain direct P&L impact). Read More.
• Negative Sentiment: FT reports Barclays (and other banks) are offering CDS linked to private‑credit funds — this highlights trading exposure to stressed private‑credit markets. That can be a source of trading revenue but also raises risk‑perception among investors. Read More.

Barclays Stock Performance

Shares of BARC stock opened at GBX 451.92 on Friday. The stock has a 50 day moving average of GBX 427.34 and a two-hundred day moving average of GBX 433.57. Barclays has a 12 month low of GBX 275.35 and a 12 month high of GBX 507.45. The company has a market capitalization of £61.94 billion, a P/E ratio of 10.68, a P/E/G ratio of 1.15 and a beta of 0.86.

Barclays (LON:BARC) last announced its quarterly earnings data on Tuesday, March 31st. The financial services provider reported GBX 24.70 EPS for the quarter. Barclays had a return on equity of 9.41% and a net margin of 17.82%.The company had revenue of GBX 1,489.60 billion during the quarter. Sell-side analysts predict that Barclays will post 39.1062802 earnings per share for the current fiscal year.

Barclays Company Profile

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. In addition, the company engages in securities dealing activities. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985.