Barclays (LON:BARC) Stock Rating Reaffirmed by Citigroup

Barclays (LON:BARCGet Free Report)‘s stock had its “buy” rating reiterated by Citigroup in a research note issued to investors on Wednesday, Marketbeat.com reports.

BARC has been the subject of several other reports. Shore Capital restated a “buy” rating on shares of Barclays in a report on Tuesday, October 24th. Berenberg Bank reiterated a “buy” rating and issued a GBX 240 ($3.05) target price on shares of Barclays in a research note on Thursday, January 25th. Six research analysts have rated the stock with a buy rating, According to MarketBeat, Barclays currently has an average rating of “Buy” and an average target price of GBX 247.60 ($3.15).

View Our Latest Report on BARC

Barclays Stock Down 1.6 %

Shares of BARC opened at GBX 146.04 ($1.86) on Wednesday. Barclays has a 52-week low of GBX 128.12 ($1.63) and a 52-week high of GBX 198.86 ($2.53). The company has a market cap of £22.13 billion, a PE ratio of 437.00, a P/E/G ratio of -1.09 and a beta of 1.36. The business has a fifty day moving average of GBX 146.85 and a 200 day moving average of GBX 148.03.

Insider Buying and Selling

In other Barclays news, insider Anna Cross sold 74,044 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of GBX 143 ($1.82), for a total value of £105,882.92 ($134,608.34). In other Barclays news, insider Anna Cross sold 74,044 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of GBX 143 ($1.82), for a total value of £105,882.92 ($134,608.34). Also, insider Nigel Higgins purchased 200,000 shares of the firm’s stock in a transaction on Thursday, December 7th. The stock was bought at an average cost of GBX 139 ($1.77) per share, with a total value of £278,000 ($353,419.78). Corporate insiders own 0.23% of the company’s stock.

About Barclays

(Get Free Report)

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through two segments, Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.

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